Weyerhaeuser lowers expectations but raises hopes - Third-quarter earnings - Brief Article
Home Channel News, Oct 22, 2001
Weyerhaeuser, Federal Way, Wash., warned that third-quarter earnings might not meet expectations. But the forest products giant got a whiff of victory in its battle to take over rival Willamette Industries. Richard Clark, a major shareholder in Willamette, has indicated a willingness to tender his 3.2 million shares if the price were raised to $55 a share. (10/2)
COPYRIGHT 2001 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2001 Gale Group
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