PI 400 - - Year in Review - A Year We'll All Remember

The highlights of 2001, from the commercial printing perspective:

In December of 2000, Weyerhaeuser began its year-long courtship of fellow paper giant Willamette, that eventually evolved into an attempted shotgun wedding. A hostile bid attempt was launched by Weyerhaeuser and, by the middle of the year, its greatest success was in landing three representatives on Willamette's board of directors. As 2001 drew to a close, there were indications that Willamette was easing the grip on its "not if you were the last paper company on earth" mentality toward Weyerhaeuser. The magic number may be $57 per share.