NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

International Paper Company (NYSE: IP)'s merger with DS Smith Plc. Per the terms of the proposed transaction, International Paper will issue 0.1285 shares for each DS Smith share, resulting in International Paper shareholders owning approximately 66.3% of the combined company. If you are an International Paper shareholder, click here to learn more about your rights and options.  

IP's Board of Directors Recommends IP Shareholders Vote "FOR" the Proposal

MEMPHIS, Tenn., Sept. 12, 2024 /PRNewswire/ -- International Paper (NYSE: IP, "IP") today announced that it has filed with the U.S. Securities and Exchange Commission (the "SEC") a definitive proxy statement on Schedule 14A (including any amendments and supplements thereto, the "Definitive Proxy Statement") in connection with its pending acquisition of DS Smith Plc (LSE: DSS, "DS Smith") (the "Combination").

NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Cepton, Inc. (NASDAQ: CPTN)'s sale to KOITO MANUFACTURING CO., LTD. for $3.17 per share in cash. If you are a Cepton shareholder, click here to learn more about your legal rights and options.

CEO Andy Silvernail elected Chairman of the Board of DirectorsMark Sutton to retire from the Board of Directors September 30, 2024

MEMPHIS, Tenn., Sept. 10, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors elected Andy Silvernail as Chairman of the International Paper Board of Directors in addition to his role as Chief Executive Officer (CEO), effective October 1, 2024.  Mark Sutton, who has continued to serve in the role of Chairman of the Board since retiring as CEO in May, will retire from the Board on September 30, 2024.

NEW YORK, Sept. 4, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.  Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. 

Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: 

NEW YORK, Aug. 27, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Spirit AeroSystems Holdings, Inc. (NYSE: SPR)'s sale to The Boeing Company. If you are a Spirit shareholder, click here to learn more about your rights and options.

Tom Hamic named Executive Vice President and President of North American Packaging Solutions

MEMPHIS, Tenn., Aug. 26, 2024 /PRNewswire/ -- Today, International Paper (NYSE:IP) announced its Board of Directors elected Tom Hamic to a newly created role: Executive Vice President and President of North American Packaging Solutions, reporting to CEO Andy Silvernail. Effective September 1, Hamic will be responsible for leading the company's Container and Containerboard businesses in North America.

Senior Vice President Tom Plath to leave company at end of year

MEMPHIS, Tenn., Aug. 13, 2024 /PRNewswire/ -- International Paper (NYSE:IP) announced today that Tom Plath, Senior Vice President of Human Resources and Corporate Affairs, will leave the company at the end of the year.

During his 33-year career with IP, Plath has served in a number of roles in HR, operations, marketing and general management. He was named an officer in 2013 and was elected senior vice president in 2017. His role was expanded in 2023 to SVP, human resources and corporate affairs, with responsibilities for human resources, aviation, real estate, communications, sustainability and government relations.

MEMPHIS, Tenn., Aug. 12, 2024 /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at Jefferies 2024 Industrials Conference on September 4, 2024. The presentation is scheduled to begin at 8:05 a.m. eastern time and will be followed by a question and answer session.

All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/events-presentations. A replay of the webcast will be available on the website approximately three hours after the presentation.

MEMPHIS, Tenn., July 24, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported second quarter 2024 financial results.

SECOND QUARTER 2024 HIGHLIGHTS

Second quarter net earnings of $498 million ($1.41 per diluted share); includes a tax benefit of $338 million ($0.96 per diluted share) related to internal legal entity restructuringSecond quarter adjusted operating earnings (non-GAAP) of $193 million ($0.55 per diluted share)Second quarter cash provided by operations of $365 million and returned $160 million to shareholders in dividends