weyerhaeuser

Weyerhaeuser to Purchase 645,000 Acres of Timberlands

Weyerhaeuser 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.
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Weyerhaeuser Sends Materials for World Vision's Hurricane Relief

As part of long-term rebuilding efforts in the hurricane-ravaged Eastern Seaboard and Louisiana, World Vision is assisting families and communities hit by past year's devastating hurricanes Sandy and Isaac, supported by more than $130,000 in building materials donated by Weyerhaeuser.
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