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Article: Plum Creek Timber Company Completes Merger With Georgia-Pacific's Timber Company and Explains Structure of Q3 and Q4 Dividend Distribution.
- Article from:
- Business Wire
- Article date:
- October 8, 2001
CopyrightCOPYRIGHT 2001 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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Business Editors
SEATTLE--(BUSINESS WIRE)--Oct. 8, 2001
Combined Company will be the Largest Pure Timber Company in the U. S.
Plum Creek Timber Company, Inc. (NYSE:PCL) today announced the completion of its merger with The Timber Company, making Plum Creek the largest pure timber investment vehicle in the United States.
Plum Creek President and CEO Rick R. Holley said, "With over 7.8 million acres in 19 states, a strong balance sheet, and unique REIT structure, the new Plum Creek is hitting the ground running. We have combined the management talent and best practices from both companies that will allow Plum Creek to capitalize on ...