Weyerhaeuser Co. has completed its acquisition of Willamette Industries following the filing of articles of merger with the Secretary of State of the State of Oregon and the Secretary of State of the State of Washington.
As of the close of business on March 14, Willamette Industries became a wholly owned subsidiary of Weyerhaeuser and shares of Willamette common stock not held by Weyerhaeuser were converted into the right to receive $55.50 in cash without interest when surrendered for payment.
On Feb. 11, Weyerhaeuser announced that it had acquired approximately 97 percent of outstanding Willamette shares through a successful tender offer.
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