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International Paper a Target in M&A Market, Social Media Says

International Paper (IP) rose to its highest price in almost a year on Wednesday amid speculation that the paper-products maker could be a takeover target.

Shares rose 73 cents, or 1.6%, to $46.79, the highest since Aug. 19. A potential buyer could be Koch Industries, the privately held company run by the Koch brothers, according to social media commentary that was reported by news media including Bloomberg.

International Paper hasn't responded to press inquiries regarding the account.

One argument in favor of a transaction is...