Weyerhaeuser Real Estate to Combine with Tri Pointe Homes Subsidiary in $2.7B Transaction
November 04, 2013 at 05:39 AM EST
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