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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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August 18, 2014
08:36 EDTTPH, WYTRI Pointe Homes acquires 649 lots for seven new communities
TRI Pointe (TPH) announced the acquisition of 649 lots for seven new communities in markets across the country, expanding its presence in California, Nevada, Washington state and Virginia. This comes on the heels of TRI Pointe’s $2.8B merger with Weyerhaeuser’s (WY) home-building subsidiary, Weyerhaeuser Real Estate.
August 13, 2014
20:02 EDTWYWeyerhaeuser increases dividend 32%, announces $700M share buyback program
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August 11, 2014
10:19 EDTTPHOn The Fly: Analyst Initiation Summary
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06:10 EDTTPHTRI Pointe Homes resumed with a Buy at Citigroup
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