Reports on the sale of several units of International Paper Co. in its aim to focus on industrial and consumer packaging and certain paper operations in the U.S.
Reports International Paper Company's November 1998 announcement that it would buy its rival, the Union Camp Corporation. Value of the stock deal; Impact of the merger on International Paper's market position; Analysts' comments on the move; Response of United States paper industry stocks, including Champion International, Georgia-Pacific and Boise Cascade.
Reports on the paper industry scenario of US and in particular, the performance of two giant companies i.e. International Paper Company and Weyerhaeuser Company.
*STRIKES & lockouts, *ACTIONS & defenses (Law), *PAPER industry
Abstract
Reports that the National Labor Relations board in the United States has ruled that the International Paper Company was wrong to lawfully lock out its striking workers. Expiration of the joint collective-bargaining contract between International Paper Company and the paperworkers' and electrical workers' unions; Staging of the lock by National Paper to pressure the unions and avoid a coordinated strike at the mill in Mobile, Alabama; Views of the Labor Relations board.
Published
1996
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