International Paper announced that it has completed its acquisition of Weyerhaeuser’s pulp business for approximately $2.2 billion in cash, subject to post-closing adjustments. Because the transaction is a purchase of assets, International Paper expects to realize a tax benefit with an estimated net present value of approximately $300 million. International Paper expects annual synergies of approximately $175 million by the end of 2018, which will require the need for one-time costs of approxima...