The Final Days
In 1999, the Union Camp Corporation was acquired by International Paper. At the time it was referred to as a "merger," but was actually a takeover. The Union Camp chairman at that time had actually sold another paper company to International Paper in the mid-1980s, when he was also in charge of that company. He finally retired from International Paper's Board of Directors in late 2006.
Read more about this topic: Union Camp Corporation
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