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MWV sells acreage.


MWV MWV MeadWestVaco Corp (stock symbol)
MWV Mineralölwirtschaftsverband eV
mWv Mit Wirkung Vom (German: With Effect Of)
MWV MovieWorks File (file extension) 
 sells acreage. MeadWestvaco Corp. (MWV), Stamford, Connecticut, USA, has reached an agreement with Wagner Forest Management Ltd., on the sale of 629,000 acres of MeadWestvaco forestland for·est·land  
n.
A section of land covered with forest or set aside for the cultivation of forests.
 in Maine and New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). . Under the terms of the agreement, the purchase price will exceed US$ 200 per acre. Plans call for completing the sale before the end of the year. MWV expects to use the proceeds from the sale to reduce debt.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:World Watch
Publication:Solutions - for People, Processes and Paper
Geographic Code:1USA
Date:Nov 1, 2003
Words:72
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