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Law Office of Brodsky & Smith, LLC Announces Investigation of Temple-Inland, Inc.


Published on 2011-09-07 21:20:53 - Market Wire
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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Temple-Inland, Inc. (aTemple-Inlanda or the aCompanya) (NYSE - TIN) relating to the proposed acquisition by International Paper Company, Inc (NYSE a" IP).

Under the terms of the transaction Temple-Inland shareholders would receive $32.00 cash for each share Temple-Inland stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Temple-Inland for not acting in the Companya™s shareholders' best interests in connection with the sale process to International Paper Company. The transaction may undervalue Temple-Inland as Temple-Inland stock traded at $31.43 as recently as July 15, 2011 and an analyst has set a price target of $37.00 a share for the Company.

If you own shares of Temple-Inland stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], visiting [ http://brodsky-smith.com/325-tin-temple-inland-inc.html ], or by calling toll free 877-LEGAL-90.