Friday, November 23, 2007

Carl Icahn Boosts Stake in Temple-Inland (TIN) to 9.8%

In an amended 13D filing after the close Wednesday on Temple-Inland (NYSE: TIN), Carl Icahn disclosed he raised his stake in the company to 9.77%, 10,366,491 shares. This is up from the 8.88% stake (9,411,049 shares) Icahn disclosed in a past filing.

After rising to highs earlier in the year on plans to split into three seperate companies, shares of Temple-Inland are back to the levels they were at when Icahn first got involved.

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