G-P Throws Wrinkle Into Drama

* Shareholder rebellion. Reuters has reported that hedge fund manager P. Schoenfeld Asset Management, which reportedly owns just under 300,000 Willamette shares, has threatened to lead a shareholder revolt if the company does not attempt to sell itself to the highest bidder. In a letter to Willamette, Peter Schoenfeld—hedge fund manager and CEO—promised to nominate three directors for Willamette's board at the company's next annual meeting if it does not abide by the wishes of the shareholder majority.