S&P Lowers Outlook on Weyerhaeuser (WY) to Negative; Affirms Ratings
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Weyerhaeuser (WY) to Acquire Longview Timber in $2.65B Deal
June 17, 2013 6:27 AM EDTWeyerhaeuser Company (NYSE: WY) announced it has a signed definitive stock purchase agreement to acquire Longview Timber LLC from affiliates of Brookfield Asset Management Inc. for $2.65 billion, which includes the assumption of debt. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in July 2013.
The... More
