Plum Creek Timber Co. Inc. (NYSE: PCL) will be acquired by Weyerhaeuser Co. (NYSE: WY) for a premium of approximately $8.4 billion. Shares of Plum Creek Timber leaped $6.78 to $47.08 while Weyerhaeuser stock lost 88 cents to $29.52.
Weyerhaeuser to buy Plum Creek Timber
November 09, 2015 at 12:50 PM EST
