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Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills

Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment...

Plum Creek CEO Rick Holley Sees Recovery For Lumber

Rick R. Holley is CEO of a real estate investment trust that owns about 6.3 million acres in 19 states, including 720,000 acres in 22 counties in Arkansas. Before becoming CEO of Plum Creek Timber in 1994, Holley had served as vice president and chief financial...