Weyerhaeuser Real Estate to Combine with Tri Pointe Homes Subsidiary in $2.7B Transaction

By: Benzinga
Weyerhaeuser Company (NYSE: WY ) ("Weyerhaeuser") today announced that it has entered into a definitive agreement pursuant to which Weyerhaeuser's homebuilding subsidiary, Weyerhaeuser Real Estate Company ("WRECO"), will combine with a subsidiary of TRI Pointe Homes, Inc. (NYSE: TPH ) ("TRI Pointe") in a Reverse Morris Trust transaction. The
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