Weyerhaeuser's residential real estate unit to trade in $2.7B deal

11/4/2013 | Bloomberg Businessweek

Tri Pointe Homes is acquiring Weyerhaeuser's residential real estate unit in a deal that is valued at $2.7 billion. The transaction will be structured as a tax-free Reverse Morris Trust in which Weyerhaeuser shareholders receive 130 million shares, or 80.5% of the combined company. Weyerhaeuser is also receiving $700 million in cash.

View Full Article in:

Bloomberg Businessweek

Published in Brief: