Shares of International Paper (IP) scaled a new 52-week high of $46.10 on May 24, before ending the session slightly lower at$45.46. The stock has been climbing since the announcement of the DS Smith (DITHF) acquisition and an optimistic outlook for the second quarter of 2024. Additionally, reports that Suzano (SUZ) has approached IP with a potential all-cash offer (which was subsequently confirmed by SUZ on May 22) have further boosted the share price. IP has a market capitalization of $15.8 billion and c ...