The merger of Weyerhaeuser and Plum Creek creates a winning combination with: The largest private ownership of timberland in the U.S. More than 13 million acres of … Weyerhaeuser completes merger with Plum Creek Timber. The $6 billion combination of Brown & Williamson and RJR Tobacco. About 60 percent of Plum Creek’s workforce was in Montana before the merger. Weyerhaeuser is buying Plum Creek for $8.4 billion to form the nation’s largest private owner of timberland, the area firms announced Sunday. Weyerhaeuser Company and Plum Creek said Sunday that they will merge to create the world's premier timber, land and forest products company with more than 13 … Weyerhaeuser last expanded its timberland assets in February 2016, when it completed its merger with rival Plum Creek Timber Co. Inc. in an all-stock deal worth $8.44 billion. On November 8, 2015, Weyerhaeuser Company and Plum Creek Timber Company announced they have entered into a definitive merger agreement to create the world’s premier timber, land and forest products company. About 60 percent of Plum Creek’s workforce was in Montana before the merger. With 880,000 acres, Plum Creek was the state’s largest private landowner when the merger occurred a year ago. Weber noted there have only been two smaller timber sales offered in the Flathead since Weyerhaeuser absorbed Plum Creek this spring. From: Timber Harvesting Staff. HOME. Plum Creek was spun off from Burlington Resources as a master limited partnership (MLP) on June 8, 1989. Weyerhaeuser and Plum Creek Merger Creates “New Paul Bunyan” Posted on June 20, 2016 by Land Report Editors The $8.4 billion merger of Weyerhaeuser Company with Plum Creek Timber Company created the nation’s largest private landowner, leading one analyst to label the 13-million-acre behemoth the “new Paul Bunyan.” SPORT. In the Plum Creek Timber-Weyerhaeuser merger, Weyerhaeuser Company (WY) has agreed to buy Plum Creek Timber Company (PCL) for $8.4 billion in stock. Weyerhaeuser’s purchased came with those 880,000 acres of (largely cut-over, entirely unsustainably logged) Plum Creek private timber lands and Weyco jumped whole hog into the REIT shell game that Skinner described so well. The merger will be done as a share swap, with Plum Creek shareholders receiving 1.60 shares of Weyerhaeuser for each Plum Creek share they hold. FINANCE. Plum Creek is scheduled to release its fourth quarter earnings on Feb 3. The $19.6 billion acquisition of Cadbury by Kraft. The new company, which will keep the Weyerhaeuser name, will manage more than 13 million acres of timberland that will allow it … Word of the proposed merger between Plum Creek Timber Co. and Weyerhaeuser Co. to become one of the nation’s biggest timber operations hit so fast, even Montana Gov. Timber companies Weyerhaeuser Company and Plum Creek Timber Co., Inc. announced Sunday they have entered into a merger agreement. Montana Wood Products Association Executive Vice President, Julia Altemus suspects the merger agreement will have little impact on Montana’s remaining wood products industry, including Plum Creek… The proposed merger between Plum Creek Timber Co. Inc. (PCL) and Weyerhaeuser Co. (WY) has got shareholders' approval. While shareholders of Weyerhaeuser will own roughly 65% of the combined entity, the remaining 35% will be held by Plum Creek shareholders. Weyerhaeuser Company (WY) has completed the pending merger with its rival Plum Creek. Weyerhaeuser Co. has completed its previously-announced merger with Plum Creek Timber Co. The companies are … Under the terms of the merger, Plum Creek's shareholders, who will need to approve the deal, will receive 1.60 shares of Weyerhaeuser for each Plum Creek share. Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world's biggest timberland and forest products companies. Under the terms of the merger, Plum Creek’s shareholders, who will need to approve the deal. Plum Creek Timber Co. operates five facilities in Flathead County, including this sawmill and plywood plant in Columbia Falls. Weyerhaeuser will pay timber giant Plum Creek $8.4 billion to merge the companies as one real estate investment trust (REIT) and become the largest timberland owner in the United States. “This new company will create tremendous benefit for shareholders as we drive value through shared best practices, economies of scale, cost synergies, operational excellence, and disciplined capital … Plum Creek, timber giant Weyerhaeuser merge . The company will keep the Weyerhaeuser name and have more than 13 million acres of … Weyerhaeuser Company (NYSE: WY) today announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12, 2016.The combined company retains the Weyerhaeuser name and continues to be traded under the WY ticker symbol on the New York Stock … Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world’s biggest timberland and forest products companies. FEDERAL WAY, Wash – On Feb. 19,Weyerhaeuser Company announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12. Under the terms of the merger, Plum Creek's shareholders, who will need to approve the deal, will receive 1.60 shares of Weyerhaeuser for each Plum Creek share. Following the merger, Doyle Simons, president and CEO of Weyerhaeuser, will retain those titles with the new company, while Plum Creek CEO Rick Holley will serve as a … Two leaders in the timber, land and forest product industry, Weyerhaeuser and Plum Creek, have made a proposal to shareholders to merge and create an estimated $23 billion company with the Weyerhaeuser name. Weyerhaeuser: Merger Synergies to Tide Investors Over Until Market Recovery With Weyerhaeuser's acquisition of Plum Creek, the combined companies will be a timberland powerhouse. According to a press release from Weyerhaeuser, together, they possess more than 13 million acres of very profitable timberland. Plum Creek Timber Company, Inc. was a timberland owner and manager, as well as a forest products, mineral extraction, and property development company, until it merged with Weyerhaeuser Company.It was headquartered in Suite 3100 at 601 Union Street in Seattle. Timber giants Weyerhaeuser and Plum Creek Timber agreed to merge last week in an $8.3 billion transaction that will create the country’s largest … On November 8, 2015, Weyerhaeuser Company and Plum Creek Timber Company announced they have entered into a definitive merger agreement to create the world’s premier timber, land and forest products company. The combined company creates a $23 billion timber REIT (Real Estate Investment Trust) with more than 13 million acres of timberland in the U.S. The combined company will retain the Weyerhaeuser name. Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world's biggest timberland and forest products companies.The company will … Steve Bullock Joint Proxy Statement from Weyerhaeuser upon written request to Weyerhaeuser Company, 33663 Weyerhaeuser Way South, Federal Way, Washington 98003, Attention: Director, Investor Relations, or by calling (253) 924-2058, or from Plum Creek upon written request to Plum Creek, The results indicate that more than 98 percent of the shares voting at the Weyerhaeuser special meeting voted in … An announcement was made earlier this week that Weyerhaeuser Company is buying Plum Creek Timber Company Inc. to form one of the world’s largest private timberland owners. By Edward Krudy NEW YORK (Reuters) - Weyerhaeuser Co will purchase Plum Creek Timber Co Inc in a deal announced on Sunday that the two companies said would create a $23 billion timber, land and forest products company, the largest in the United States. The Plum Creek Timber-Weyerhaeuser merger is subject to customary closing conditions and regulatory approvals. Plum Creek’s manufacturing assets represent much less than 25 percent of its holdings, so by merging with that firm, Weyerhaeuser’s proportion of non-timber assets will fall, Mendell said. Weyerhaeuser Company (NYSE: WY) and Plum Creek (NYSE: PCL) today announced they have entered into a definitive agreement to create the world’s premier timber, land and forest products company with more than 13 million acres of the most productive and diverse timberland in … MARQUETTE — It’s unclear how the merger of two Washington-based timber industry giants, one of which owns hundreds of thousands of acres in the Upper Peninsula, will impact operations locally. The announced merger of two timber giants, including the largest private land owner in Alachua County, is not expected to derail a … By Edward Krudy NEW YORK (Reuters) - Weyerhaeuser Co will purchase Plum Creek Timber Co Inc in a deal announced on Sunday that the two companies said would create a $23 billion timber, land and forest products company, the largest in the United States. When asked about the company’s real estate plans, Ray responded, “Weyerhaeuser continually engages with the market on various timber and land holdings as a normal course of business, both buying and selling property.” Weyerhaeuser Company (NYSE: WY) today announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12, 2016.The combined company retains the Weyerhaeuser name and continues to be traded under the WY ticker symbol on the New York Stock … The union--which will retain the Weyerhaeuser name--will create a business with roughly $8.5 billion in annual sales and nearly $750 million million in net earnings. Weyerhaeuser and Plum Creek to merge, creating the world's premier timber, land and forest products company Weyerhaeuser Co. agreed to buy Plum Creek Timber Co. for about $8.4 billion to create a real estate investment trust that will be the largest private owner of timberland in the U.S. Timber companies Weyerhaeuser Co. and Plum Creek Timber Co., Inc. announced Sunday they have entered into a merger agreement. Learn to Daytrade Breakout Momentum Trading. Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. Plum Creek is scheduled to release its fourth quarter earnings on Feb 3. The deal is expected to close in the first or second quarter of next year. Shareholders approved the proposed merger of Plum Creek Timber Company and Weyerhaeuser at separate meetings on Friday, moving forward a major deal between two timber giants. Weyerhaeuser on Sunday said that it would buy Plum Creek Timber for $8.44 billion, to form a company that would have control of more than 13 million acres of U.S. timberland. Montana Gov. The merger between Weyerhaeuser Co. and Plum Creek Timber Co., one of Maine's top-five landowners, would create the largest timberland company in the United States. Weyerhaeuser filed with the SEC a Registration Statement on Form S-4 that includes a joint proxy statement/prospectus of Plum Creek and Weyerhaeuser. Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world’s biggest timberland and forest-products companies. Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. One of its most notable deals was the 2016 merger with fellow timber REIT Plum Creek for $8.4 billion, which created a $23 billion timberland and wood products behemoth. Nov 8, 2015. The new company, which will keep the Weyerhaeuser name, will manage more than 13 million acres of timberland that will allow it … Weyerhaeuser is buying Plum Creek Timber for over $8 billion. Steve Bullock and U.S. Sen. Jon Tester are echoing concerns raised over a merger between Plum Creek Timber and Weyerhaeuser Company, asking for assurances that jobs and public access will be maintained after the massive deal is completed. Weyerhaeuser Company (WY) has completed the pending merger with its rival Plum Creek. According to the press release, the … A Plum Creek Timber Co. official said it will be “business as usual” in Maine as the company moves forward with a plan to merge with Weyerhaeuser … SEATTLE, WASHINGTON – October 23, 2001 -- Plum Creek Timber Company, Inc. (NYSE: PCL) today announced third quarter earnings of $16.9 million, or $0.24 per share, which includes $2.7 million, or $0.04 per share, of expenses related to the merger of Plum Creek and The Timber Company, formerly a separate operating group of Georgia- As previously announced, on Nov. 6, 2015, Weyerhaeuser and Plum Creek entered into a merger agreement. On Nov. 9, it was announced that Weyerhaeuser would be buying Plum Creek for $8.44 billion to form what is expected to be one of the world’s biggest timberland and … W ithin a week of receiving shareholders' approval, forest product manufacturer and supplier Weyerhaeuser CompanyWY announced that it has completed the merger with its peer Plum Creek Timber. MAIL. Montana’s state auditor expressed concerns Monday about the $23 billion merger of Plum Creek Timber Co. and Weyerhaeuser Co., and what it coul… Local News Plum Creek… Weyerhaeuser and Plum Creek, two timber-owning enterprises deeply rooted in the Pacific Northwest, are merging to form what they call “the world’s premiere timberland and … Weyerhaeuser Company today announced that during a special shareholders meeting held earlier today, its shareholders voted to approve the issuance of Weyerhaeuser common shares in connection with the pending merger with Plum Creek Timber Company, Inc. (NYSE: PCL). Weyerhaeuser (WY) announced the completion of the merger with Plum Creek Timber (PCL). NEWS. Weyerhaeuser Co. and Plum Creek Timber Co. both announced Feb. 12 that their shareholders have approved a deal in which Plum Creek will merge into Weyerhaeuser. PLUM CREEK TIMBER COMPANY, INC. CONSOLIDATED BALANCE SHEET December 31, December 31, 2000 1999 (REIT) (REIT) (In Thousands, except share data) ASSETS Current Assets: Cash and Cash Equivalents ..... $ 143,958 $ 115,389 Plum Creek Timber Company, Inc. announced today that Institutional Shareholder Services , a leading independent proxy advisory firm, has issued a … STYLE. Plum Creek Timber Company, Inc. was a timberland owner and manager, as well as a forest products, mineral extraction, and property development company, until it merged with Weyerhaeuser Company.It was headquartered in Suite 3100 at 601 Union Street in Seattle.. This graphic provided by Weyerhaeuser illustrates how its merger with Plum Creek will give the company owner 7.3 million acres of timberland in the South and 3 million acres in the Northwest. Timber REIT Weyerhaeuser - Get Report is correcting 3% this afternoon on big volume, following the announcement that this $15 billion firm is acquiring Plum Creek Timber for $8.4 billion in … ... of $100 million from the merger. Plum Creek is a private timberland owner in the U.S., the stock is currently up more than 15% this morning. The merger is expected to … Timber REITs Weyerhaeuser (NYSE: WY) and Plum Creek (NYSE: PCL) said Nov. 8 that they have agreed to merge, creating a combined company with a current market value of $23 billion.. The new timber, land and forest products company will have an equity value of $23 billion and lay claim to more than 13 million acres of timberland in the U.S. The merger agreement requires the approval of shareholders of both Weyerhaeuser and Plum Creek. The combined company owns more than 13 million acres of diverse and productive timberlands and operates 38 wood products manufacturing facilities. The November 2015 announced merger of Plum Creek (PCL) and Weyerhaeuser (WY), the two largest public timberland-owning real estate investment trusts (timber REITs) in the United States, highlights the challenge of valuing timberland investments in public and private markets. Mr. MISSOULA -- Word of the proposed merger between Plum Creek Timber Co. and Weyerhaeuser Co. to become one of the nation’s biggest timber operations hit so fast, even Montana Gov. Under the merger agreement, Plum Creek stockholders will get 1.6 shares of Weyerhaeuser for each share they own, the companies said in a statement Sunday. The new company will retain the Weyerhaeuser name and ticker symbol. The merger … The combined company, which will retain the Weyerhaeuser name, will have more than 13 million acres of timberland in the United States. We urge you to obtain current market quotations of Weyerhaeuser common shares and shares of Plum Creek common stock.” The proxy letter also notes that, as of November 6, 2015, the last trading day prior to the merger announcement, the 1.60 ratio valued Plum Creek at $48.64 per share. Weyerhaeuser Company today announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12, 2016. There is also the corporate headquarters, known as the Cedar Palace, in Columbia Falls. MORE /* setting alt tags to "" since that is the a11y recommendation given that the property name is the text of the href *. ... of $100 million from the merger. Federal Way, Wash.—Weyerhaeuser Co. has wrapped up its acquisition of Plum Creek Timber Co. Inc. and emerged from the deal as a $23 billion timber REIT with more than 13 million acres of diverse, productive forests, 38 wood products manufacturing facilities and the distinction of being the largest private ownership of timberland in the U.S. Steve Bullock Silver Creek Capital Management , an alternative investment boutique focusing on private credit, hedge fund and real asset strategies, announced today the launch of a new... | May 21, 2021 Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world's biggest timberland and forest products companies. Jun 20, 2016 - Weyerhaeuser and Plum Creek Merger Creates “New Paul Bunyan†As we saw in the first part of this series, Weyerhaeuser (WY) is buying Plum Creek Timber (PCL) in a stock-for-stock merger. The equity value of … Weyerhaeuser and Plum Creek to merge, creating the world's premier timber, land and forest products company. Plum Creek Timber Company, Inc. was a timberland owner and manager, as well as a forest products, mineral extraction, and property development company, until it merged with Weyerhaeuser Company.It was headquartered in Suite 3100 at 601 Union Street in Seattle.. Weyerhaeuser Absorbs Plum Creek as Merger is Completed Washington-based giant officially takes over local operations, forming nation’s largest timber … By Edward Krudy NEW YORK (Reuters) - Weyerhaeuser Co will purchase Plum Creek Timber Co Inc in a deal announced on Sunday that the two companies said would create a $23 billion timber, land and forest products company, the largest in the United States. Weyerhaeuser and Plum Creek to merge, creating the world's premier timber, land and forest products company Timber giant Weyerhaeuser Co announced Sunday that it would purchase Plum Creek Timber Co. Inc. in a deal that would create a $23 billion timber, land and forest products behemoth. Timber companies Weyerhaeuser and Plum Creek Timber announced Sunday they have entered into a merger agreement. FEDERAL WAY, Wash., Feb. 19, 2016 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12, 2016.The combined company retains the Weyerhaeuser name and continues to be … The merged company’s equity value is expected to reach $23 billion, while its land-holdings will exceed 13 million acres. The new company, which will keep the Weyerhaeuser name, will manage more than 13 million acres of timberland that will allow it … US forestry and paper giant Weyerhauser will take over construction lumber firm Plum Creek to take advantage of a rebounding US housing market, the two announced Monday. The acquisition of Plum Creek Timber by Weyerhaeuser will allow the latter to expand its presence in the southern U.S. Weyerhaeuser CompanyWY recently announced that its shareholders, in a special meeting held on Feb 12, approved the company's pending merger with its rival Plum Creek Timber … Home Warrior Trading News Articles Warrior Trading News Articles The combined company, which will retain the Weyerhaeuser name, will have more than 13 million acres of timberland in the United States. Joint Proxy Statement from Weyerhaeuser upon written request to Weyerhaeuser Company, 33663 Weyerhaeuser Way South, Federal Way, Washington 98003, Attention: Director, Investor Relations, or by calling (253) 924-2058, or from Plum Creek upon written request to Plum Creek, Washington-based Weyerhaeuser has agreed to a merger with its close rival Plum Creek Timber to create the largest private owner of timberland in all the US. Shareholders approved the proposed merger of Plum Creek Timber Company and Weyerhaeuser at separate meetings on Friday, moving forward a major deal between two timber giants. Two of Washington state's largest public companies just got shareholder approval to combine forces. Weyerhaeuser shares closed at $30.40 Friday. From 1989 to 1994, Mr. Holley served as Plum Creek’s chief financial officer. The agreement between the two companies will create "the world's premier timber… Weyerhaeuser Co. is buying Seattle's Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world's biggest timberland and forest products companies. Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world's biggest timberland and forest products companies.The company will … The $6.5 billion merger of equals between Biovail Pharmaceuticals and Valeant Pharmaceuticals. Weyerhaeuser Co. is buying Plum Creek Timber Co. for $8.44 billion to form what is expected to be one of the world’s biggest timberland and forest products companies.. The C$4.8 billion sale of D+H to Vista Equity Partners. After the deal closes Weyerhauser shareholders will own 65 … If the proposed merger of the two largest public timber REITs, Plum Creek (PCL) and Weyerhaeuser (WY), does anything, it reminds us of the relative insignificance of timber firms to the REIT sector generally and the stock market overall.Currently, the timber REIT sector includes five firms, with Rayonier (RYN), Potlatch (PCH) and CatchMark (CTT) rounding out the team. Weyerhaeuser is buying Plum Creek for $8.4 billion to form the nation’s largest private owner of timberland, the area firms announced Sunday. Weyerhaeuser: Merger Synergies to Tide Investors Over Until Market Recovery With Weyerhaeuser's acquisition of Plum Creek, the combined companies will be a timberland powerhouse. SEATTLE (AP) — Shareholders have approved the merger of timber companies Weyerhaeuser and Plum Creek. In February, a landmark deal was sealed when Weyerhaeuser Company merged with timberlands giant Plum Creek Timber Company Inc. Now publicly traded under the Weyerhaeuser name (WY), the creation of this timberland behemoth – to the tune of $8.4 billion – has formed the largest private landowner in the U.S. Weyerhaeuser now owns 13 million acres of timberland and operates … The company will … In a joint announcement on November 8, 2015, Plum Creek and Weyerhaeuser announced the companies had entered into a definitive agreement to create the world’s premier timber, land and forest products company. The spread in the Plum Creek Timber-Weyerhaeuser merger is trading slightly negatively (about 6 cents), but the positive dividend carry gives the deal a positive spread. Two Washington state timber giants are merging, creating one of the largest forest product companies in the world. Weyerhaeuser completes merger with Plum Creek Timber WY PCL Plum Creek Timber Company, Inc. was a timberland owner and manager, as well as a forest products, mineral extraction, and property development company, until it merged with Weyerhaeuser Company.It was headquartered in Suite 3100 at 601 Union Street in Seattle. Plum Creek Timber (PCL) announced it has entered into a definitive agreement with Weyerhaeuser Company for 1.60 shares of Weyerhaeuser stock per share of PCL common stock relating to the buyout.. Weyerhaeuser Outdoors Spring/Summer 2016 Page 1 MERGER OF WEYERHAEUSER COMPANY AND PLUM CREEK TIMBER COMPANY COMPLETED As announced on February 12, 2016, Weyerhaeuser Company and Plum Creek Timber Company have merged and are now one company called “Weyerhaeuser Company.” The combined values.27 Weyerhaeuser and Plum Creek had different areas of expertise but both entities were focused on resource management for the Industry.28 The combination was a compelling way of sharing expertise.29 Critics are still divided on the overall market significance of the Weyerhaeuser and Plum Creek merger. That’s what Plum Creek, Weyerhaeuser, and other timber-companies-turned-REITs always have done, and likely always will. The merged company, retaining Weyerhaeuser’s name and trading symbol, will be a premier global timber, land and forest products Real Estate Investment Trust (“REIT”). Savage said neither Plum Creek nor Weyerhaeuser have bid on sales in the Kootenai National Forest since approximately 2007.He estimated 300 million to 400 million board feet of timber have been sold in that time. Word of the proposed merger between Plum Creek Timber Co. and Weyerhaeuser Co. to become one of the nation’s biggest timber operations hit so fast, even Montana Gov. Weyerhaeuser Co. said it will buy Plum Creek Timber Co. for about $8.4 billion in stock, creating a $23 billion real estate investment trust focused on the timber industry. The combined company creates a $23 billion timber REIT (Real Estate Investment Trust) with more than 13 million acres of timberland in the U.S. Steve Bullock Last week, Weyerhaeuser and Plum Creek became the latest companies to join the mass-merger movement of the LBM industry, creating a combined company that will be worth billions of dollars. Weyerhaeuser last week announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12, 2016.The combined company retains the Weyerhaeuser name and continues to be traded under the WY ticker symbol on the New York Stock Exchange. Merger of Timber Giants to Create $23B REIT FEDERAL WAY, WA—Weyerhaeuser's $8.4-billion all-stock deal for rival Plum Creek will create "the world's premier timber… Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12. Plum Creek was spun off from Burlington Resources as a master limited partnership (MLP) on June 8, 1989. Montana Wood Products Association Executive Vice President, Julia Altemus suspects the merger agreement will have little impact on Montana’s remaining wood products industry, including Plum Creek’s medium density fiberboard plant in Columbia Falls. He previously served on the board of directors of Avista Corporation (electric and natural gas utility) until 2014 and as a director and chairman of the board of Plum Creek Timber Company, Inc. until February 2016. Plum Creek Timber shareholders are entitled to answers to important questions regarding the proposed merger Whether it’s harvesting lumber from public lands to send it overseas while local mills shut down, or evading taxes through high finance schemes like Real Estate Investment Trusts, we know their kind. Weyerhaeuser Company and Plum Creek, both companies with vast operations and long histories in Arkansas, announced on Sunday (Nov. 8) a deal to create the largest timber, land and forest products conglomerate with more than 13 million acres of timberland across the U.S. Weyerhaeuser has acquired 9 companies, including 2 in the last 5 years. It will be the largest private owner of timberland in the United States, the companies said, with assets of more than 13 million acres. The combined company retains the Weyerhaeuser name and continues to be traded under the WY ticker symbol on the New York Stock … CELEBRITY. Word of the proposed merger between Plum Creek Timber Co. and Weyerhaeuser Co. to become one of the nation’s biggest timber operations hit so fast, even Montana Gov. The announced merger between Weyerhaeuser and Plum Creek Timber creates the largest forest products company in North America. Weyerhaeuser is buying Plum Creek Timber for over $8 billion. Weyerhaeuser Company (NYSE: WY) today announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12, 2016.The combined company retains the Weyerhaeuser name and continues to be traded under the WY ticker symbol on the New York Stock … The $23 billion merger between Weyerhaeuser and Plum Creek Timber. Weyerhaeuser will purchase Plum Creek Timber in a deal that the two companies said would create a US$23 billion timber, land and forest products company, the largest in the United States.

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