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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. [4]
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 .
On November 13, 2000, Weyerhaeuser began an unsolicited bid to purchase Willamette through a tender offer, for $5.3 billion in cash, plus the assumption of $1.7 billion in debt, or $48.00 a share, a 38% premium to Willamette's Friday, November 11, closing stock price. The shares in Willamette went up 32.7% on Monday, November 13. [11] [12]
The trading floor of the New York Stock Exchange in March 2022. As of January 24, 2007, all NYSE stocks can be traded via its electronic hybrid market (except for a small group of very high-priced stocks). Customers can now send orders for immediate electronic execution, or route orders to the floor for trade in the auction market.
Below is the schedule for 2025 stock market holidays when the NYSE, Nasdaq and bond markets are closed: Wednesday, Jan. 1, 2025 — New Year’s Day Monday, Jan. 20, 2025 — Martin Luther King Jr ...
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Friedrich (Frederick) Weyerhäuser (November 21, 1834 – April 4, 1914 [1]), also spelled Weyerhaeuser, was a German-American timber mogul and founder of the Weyerhaeuser Company, which owns sawmills, paper factories, and other business enterprises as well as large areas of forested land in the northern United States.
Weyerhaeuser started Weyerhaeuser Timber Company with a ship he acquired in 1892. The log towing ship was a 140-foot sternwheeler built for the partnership, Weyerhaeuser and Denkman Company. In 1923 Weyerhaeuser added to ocean lumber cargo ship the SS Pomona and the SS Hanley. The two ships took lumber to the East Coast.