Although the recent hurricanes did not significantly affect our operations, we expect to experience residual effects of the storms.
As part of a strategic review of our businesses operating in structurally challenged segments of the industry, we have determined the Prince Albert mill is no longer a strategic fit for Weyerhaeuser.
Despite extremely challenging business conditions, we took significant steps in 2005 to make us more competitive and position us to generate greater returns while returning cash to shareholders.
If Willamette is prepared to negotiate a definitive merger agreement promptly, Weyerhaeuser is willing to increase its offer above $50 per share.
Our results in the third quarter reflect the difficult business conditions we face in certain segments.
Our results reflect the strong U.S. housing market and continued unsettled world markets for pulp, paper and packaging products.
These actions support our strategy of matching supply to demand and serving customers from our most efficient, cost-effective facilities.
These are the first, but by no mean the final steps.
This announcement marks an important milestone in our ongoing strategic review. We remain committed to seeking the best alternatives to create value for shareholders.
We will continue to seek additional opportunities to unlock the value of our portfolio.
While we still prefer to conclude a negotiated transaction with Willamette, their refusal to discuss a combination has forced us to take our offer directly to Willamette shareholders.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.