The Timber Co. and Plum Creek to Merge.THE SHAREHOLDERS of The Timber Co. and Plum Creek Timber Plum Creek Timber (NYSE: PCL) is the largest private landowner in the United States. Most of its lands were originally purchased as timberland.[1] Headquartered in Seattle, Washington, Plum Creek was spun off from Burlington Resources as a master limited Co. Inc. recently approved the merger of the two companies. The Timber Co. is a separate operating group of Georgia-Pacific Corp. The merger is expected to be effective Oct. 1. The transaction is valued at approximately $4 billion based on Plum Creek's closing stock price of $29.99 on Aug. 14 and includes an estimated $715 million of the The Timber Co. debt that Plum Creek There are at least 166 streams in the USA, called Plum Creek, including :
Rick R. Holley Hol·ley , Robert William 1922-1993. American biochemist. He shared a 1968 Nobel Prize for the study of genetic codes. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Plum Creek, said, "This merger will make Plum Creek the largest pure timber company in the U.S., with over 7,8 million acres in 19 states." |
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