Weyerhaeuser redeems ownership interest in Twin Creeks, LLC joint venture and announces sale of 100,000 acres of timberlands
- Thursday, October 12, 2017, 2:05
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SEATTLE, Oct. 12, 2017 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) today announced the redemption of its 21 percent ownership interest in the Twin Creeks Timber, LLC joint venture (“Twin Creeks”) for $107.5 million in cash. The Company also announced an agreement to sell 100,000…
Source: http://www.prnewswire.com/news-releases/weyerhaeuser-redeems-ownership-interest-in-twin-creeks-llc-joint-venture-and-announces-sale-of-100000-acres-of-timberlands-300535403.html
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