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Weyerhaeuser Co. Message Board

  • blackoutbuzz blackoutbuzz Aug 20, 2013 12:03 PM Flag

    WY could get a big boost from sale of home building unit

    I initially bought into WY because I wanted exposure to building materials and liked the fact that they ran a building unit too. After following recent company news, I think management's strategy to divest this unit and focus on lumber and related wood products is a good move.

    Nice article out yesterday on SA @@@@Weyerhauser Is Irrationally Cheap With Powerful Catalysts@@@

    From WSJ @@@@Plans by timber conglomerate Weyerhaeuser Co. to market its home-building unit, valued at more than $3 billion, accelerated last week as prospective bidders submitted preliminary expressions of interest in a deal, according to people familiar with the matter.

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32.73+0.15(+0.46%)May 22 4:03 PMEDT