Weyerhaeuser’s Western Growth Is Pushing The Stock To New Highs | Weyerhaeuser's Western Growth Is Pushing The Stock To New Highs
Posted on November 17th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on Weyerhaeuser’s Western Growth Is Pushing The Stock To New Highs | Weyerhaeuser's Western Growth Is Pushing The Stock To New Highs
Weyerhaeuser’s Western Growth Is Pushing The Stock To New Highs
My article on Weyerhaeuser for Seeking Alpha
Weyerhaeuser (NYSE:WY) is one of the largest forest products companies in the world. The $18B real estate investment trust (REIT) owns, controls, or manages 20M acres of timberlands in the U.S. and Canada. Last year they acquired Longview Timber for $2.65B from Brookfield Asset Management (NYSE:BAM) ($1.07B of assumed debt). This deal added 645K acres of timberland in Oregon and Washington and is the third-largest forestry deal in North America. This summer Weyerhaeuser completed the divestiture of the Weyerhaeuser Real Estate Company (WRECO) via the combination of TRI Pointe Homes (NYSE:TPH) in a Reverse Morris Trust deal for $2.80B. Overall this deal resulted in a gain of $972M…Click here to read the rest of the article.
