EXHIBIT (a)(17)
[TEMPLE-INLAND INC. LETTERHEAD]
January 8, 2002
VIA TELECOPIER: (▇▇▇) ▇▇▇-▇▇▇▇
▇▇. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇▇▇▇▇ Container Corporation
▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇
▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇:
In accordance with Section 11.5 of the Agreement and Plan of Merger by and
among Temple-Inland Inc. ("Parent"), Temple-Inland Acquisition Corporation and
▇▇▇▇▇▇▇ Container Corporation (the "Company") dated as of September 27, 2001,
as amended by Amendment No. 1 thereto dated November 30, 2001 (the "Merger
Agreement"), we are providing you notice that Parent is hereby terminating the
Merger Agreement pursuant to Section 10.1(b)(i) because the Offer (as defined
in the Merger Agreement) expired without any Shares (as defined in the Merger
Agreement) being purchased.
Sincerely,
/s/ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
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▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Vice President and
Chief Administrative Officer
cc: ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Attention: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, P.C.
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
Fax: (▇▇▇) ▇▇▇-▇▇▇▇