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Tue, September 13, 2011Mon, September 12, 2011Sat, September 10, 2011Fri, September 9, 2011Thu, September 8, 2011Wed, September 7, 2011Tue, September 6, 2011Mon, September 5, 2011Sat, September 3, 2011Fri, September 2, 2011Thu, September 1, 2011Wed, August 31, 2011Law Office of Brodsky & Smith, LLC Announces Investigation of Temple-Inland, Inc.
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Published in House and Home on Wednesday, September 7th 2011 at 21:20 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
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.