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//house-home.news-articles.net/content/2011/09/0 .. investigation-of-temple-inland-44-59-59-inc.html
Published in House and Home on Thursday, September 8th 2011 at 20:21 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Temple-Inland, Inc. (aTemple-Inlanda or the aCompanya) (NYSE: TIN) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to its rival, International Paper Co. (NYSE: IP), in an all-cash deal valued at about $3.7 billion. Under the terms of the proposed transaction, Temple-Inland stockholders will receive $32 in cash per each share of Temple-Inland they own, while, according to Yahoo! Finance, at least one financial analyst has set a price target of $37 for Temple-Inland. The transaction has already been approved by both boards of directors.
Request more information now by clicking here: [ www.faruqilaw.com/TIN ].
Whether Temple-Inlanda™s Board of Directors breached their fiduciary duties to the Companya™s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Temple-Inlanda™s shares and by how much this proposed transaction undervalues the Company to the detriment of Temple-Inlanda™s shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firma™s clients.
If you own common stock in Temple-Inland and wish to obtain additional information, please visit us at [ www.faruqilaw.com/TIN ] or contact Juan E. Monteverde, Esq. either via e-mail at [ jmonteverde@faruqilaw.com ] or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ([ www.faruqilaw.com ]). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
