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News Breaks | | | | January 22, 2013 | | 08:32 EDT |  | RYN | Rayonier to sell Wood Products business to Interfor for $80M
Rayonier has reached agreement to sell all of the assets of its Wood Products business to International Forest Products Limited, or Interfor, for $80M. The sale, expected to close in the first quarter, will result in an after-tax gain of approximately $40M. | |
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