Weyerhaeuser and Plum Creek to merge in share swap

The US forestry and timber groups Weyerhaeuser Co., based in Federal Way, Washington, and Plum Creek Timber Company Inc., headquartered in Seattle, Washington, are to merge in a share swap. Plum Creek shareholders are to receive 1.60 Weyerhaeuser shares for each of their shares in Plum Creek. This corresponds to a ...

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