Weyerhaeuser delays REIT, disappointing investors

PORTLAND, OR , June 3, 2008 (RISI) - The face of Weyerhaeuser has been changing dramatically over the last couple of years. It has divested itself of a number of wood processing facilities, sold its interests in Australia, spun off its fine paper business and has a deal for its recycling and corrugated packaging units. Little wonder than speculation has focused on its objective. A good number of observers, and no small volume of investors have concluded that Weyerhaeuser will convert to a REIT in order to maximize savings from its timberlands.

Wood News Service subscribers - click here to read the full article.

Not a subscriber?