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Stock Market & Financial Investment News

News Breaks
January 28, 2013
06:16 EDTWYWeyerhaeuser downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded Weyerhaeuser due to rick valuation. Price target raised to $31 from $30.
News For WY From The Last 14 Days
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July 8, 2014
08:04 EDTWYTRI 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.

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