Connecting you to the composites industry


Willamette Responds to Weyerhaeuser Tender Offer

  • Thursday, 30th November 2000
  • Reading time: less than a minute

The Board of Directors of Willamette Industries confirmed it has received notice of an unsolicited offer to purchase all of the outstanding shares of Willamette for $48 per share in cash from Weyerhaeuser Company. The Board will review the offer and make a recommendation to Willamette shareholders promptly. The Board urges Willamette shareholders not to take any action with respect to the offer until the Board makes its recommendation. Willamette Industries is an integrated forest products company with 106 plants, located in the U.S., France, Ireland and Mexico. The company owns 1.7 million acres of forestland which has been third-party certified as meeting the Sustainable Forest Initiativesm standards of the American Forest and Paper Association. Willamette produces building materials, composite wood panels, fine paper, office paper products, corrugated packaging and grocery bags.

For more information visit:

Share this article

More News

Comments (0)

Sign in or create an account to join in the discussion.

Leave your comment


Upcoming Events




Follow us
Subscribe to our email newsletter

Subscribe to receive our weekly round-up of all the industry's latest news, jobs, events and more!

We'll always keep your personal details secure and will never share them with third parties for marketing purposes. You can unsubscribe at any time. For further details on how we may use your data, please visit our Privacy Policy.