Weyerhaeuser Company Announces Early Termination of Hart-Scott-Rodino Waiting Period.Business Editors FEDERAL WAY, Wash.--(BUSINESS WIRE)--Nov. 30, 2001 Weyerhaeuser Company (NYSE NYSE See: New York Stock Exchange : WY) today announced that on Nov. 29 it received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (Public Law 94-435, known commonly as the HSR Act) is a set of amendments to the antitrust laws of the United States, principally the Clayton Antitrust Act. The HSR Act was signed into law by President Gerald R. of 1976 with respect to Weyerhaeuser's proposed tender offer for Willamette Industries, Inc. (NYSE: WLL See wireless local loop and PHS-WLL. ). Weyerhaeuser originally received early termination of the waiting period on Dec. 14, 2000, but the clearance expires after one year. Accordingly, the company re-filed a Notification and Report Form with the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice on Nov. 16. As a result of the early termination of the waiting period, the Hart-Scott-Rodino condition to the Weyerhaeuser tender offer remains satisfied. Weyerhaeuser's $50 per share tender offer expires on Dec. 5, 2001. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
IMPORTANT INFORMATION Company Holdings, Inc. ("CHI"), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Weyerhaeuser Company, has commenced a tender offer for all the outstanding shares of common stock of Willamette Industries, Inc. at $50.00 per share, net to the seller in cash, without interest. The offer currently is scheduled to expire at 12:00 midnight, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Wednesday, December 5, 2001. CHI may extend the offer. If the offer is extended, CHI will notify the depositary for the offer and issue a press release announcing the extension on or before 9:00 a.m. New York City time on the first business day following the date the offer was scheduled to expire. Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2000, sales were $16 billion. It has offices or operations in 17 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at www.weyerhaeuser.com. http://www.businesswire.com/cnn/wy.shtml |
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