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Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:04 EDTTPH, WYTRI Pointe Homes closes $2.8B merger with Weyerhaeuser Real Estate
TRI Pointe Homes (TRH) announced that its Reverse Morris Trust transaction with Weyerhaeuser Company (WY) has closed. The transaction has resulted in the merger of TRI Pointe with Weyerhaeuser's homebuilding subsidiary, Weyerhaeuser Real Estate Company. The transaction is valued at approximately $2.8B. TRI Pointe's leadership remains focused on executing a disciplined homebuilding strategy. The merger with WRECO is expected to provide TRI Pointe with significantly enhanced scale, with more than 3,400 new home deliveries and $1.6B in revenue on a historical combined basis over the past twelve months ended March 31, 2014.
News For TPH;WY From The Last 14 Days
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July 24, 2014
14:09 EDTWYWeyerhaeuser, DuPont Pioneer announce technology license agreement
Weyerhaeuser (WY) announced a technology license agreement with DuPont Pioneer (DD) that the company said brings together agricultural and forestry know-how to sustainably improve crop productivity for corn growers.

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