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Article: Plum Creek Timber Company to Merge With Georgia-Pacific Corporation's The Timber Company.
- Article from:
- PR Newswire
- Article date:
- July 18, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. 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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Plum Creek Will be Preeminent Pure Timber Company, Owning and Managing
Over 7.9 Million Acres of Geographically Diverse Timberlands
SEATTLE and ATLANTA, July 18 /PRNewswire/ --
Plum Creek Timber Company (NYSE: PCL) and Georgia-Pacific Corporation (NYSE: GP) today announced they have signed a definitive agreement to merge Plum Creek Timber Company and The Timber Company (NYSE: TGP), a separate operating group of Georgia-Pacific Corporation, creating the world's preeminent pure timber company. Following completion of the transaction, Plum Creek will become the second largest private timberland owner in the United States, with over 7.9 million ...