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The Weyerhaeuser Company (/ ˈ w ɛər h aʊ z ə r / WAIR-how-zər) is an American timberland company which owns nearly 12,400,000 acres (19,400 sq mi; 50,000 km 2) of timberlands in the U.S., and manages an additional 14,000,000 acres (22,000 sq mi; 57,000 km 2) of timberlands under long-term licenses in Canada. [5]
On May 2, 2016, it announced the acquisition of Weyerhaeuser's cellulose fiber division. The acquisition was completed on Dec 1, 2016. [29] On Oct 1, 2021 a spin-off was completed creating a stand alone company by the name of Sylvamo. Sylvamo's headquarters are also located in Memphis TN.
On December 22, 2000, Weyerhaeuser announced that it had launched a proxy fight to oust four directors of Willamette Industries, in order to get the board to vote in its favor. [17] The offer was extended on January 5, 2001 to February 1, [ 18 ] and on February 1, 2001, Weyerhaeuser learned that a majority of the shareholders favored the merger ...
Weyerhaeuser Co. (NYSE: WY) reported third-quarter 2012 results before markets opened this morning. The wood products REIT posted adjusted diluted earnings per share (EPS) of $0.22 on revenues of ...
Weyerhaeuser will release its quarterly report on Friday, and given the recent strength in the housing market, investors are hoping that the provider of forest products will benefit from greater ...
Weyerhaeuser (NYS: WY) carries $40.0 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Weyerhaeuser: United States: B.C. forestry giant acquired by Weyerhaeuser for US$2.45 billion in 1999 Moore Wallace: R.R. Donnelley and Sons: United States: Moore Wallace sold to R.R. Donnelley and Sons for $4.9 billion. In February 2004, R.R. Donnelley merged with Moore Wallace, keeping the name R.R. Donnelley as the name of the combined ...
Weyerhaeuser (NYS: WY) reported earnings for its third quarter this morning, and the results were mixed for the REIT, pushing shares down slightly this morning as a result. With analysts expecting ...