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Article: Plum Creek Timber Company's REIT To Become Effective July 1, 1999.
- Article from:
- Business Wire
- Article date:
- June 21, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEATTLE--(BUSINESS WIRE)--June 21, 1999--
Plum Creek Timber Company, L.P. (NYSE:PCL) announced today that the Delaware Court of Chancery has approved a previously announced agreement settling all litigation relating to the proposed conversion of the Company into a Real Estate Investment Trust (REIT).
Plum Creek intends to complete the conversion to the REIT effective July 1, 1999. As a part of the conversion, each Unitholder will receive one share in the new REIT for each Unit of Plum Creek currently held. The shares of Plum Creek will continue to be traded on the New York Stock Exchange under the trading symbol "PCL."
"This is an important ...
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Article: PLUM CREEK TIMBER COMPANY, L.P. ANNOUNCES ...
PR Newswire;
January 23, 1996 ;
700+ words
... ... Jan. 23 /PRNewswire/ -- Plum Creek Timber Company, L.P. (NYSE: PCL ... statements for Plum Creek follows. PLUM CREEK TIMBER COMPANY, L. P. COMBINED STATEMENT ... Unit $ 2.17 $ 2.36 $ 1.92 PLUM CREEK TIMBER COMPANY, L.P. COMBINED STATEMENT ...
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