Weyerhaeuser, Domtar Make Deal
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As part of the deal, Weyerhaeuser shareholders will receive 55 percent ownership in the new company, with Domtar shareholders getting 45 percent. Weyerhaeuser will also receive a $1.35 billion cash payment and will nominate a majority of the 13-member board, chaired by Weyerhaeuser adviser Harold MacKay.
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