Willamette Shows Some Interest

Weyerhaeuser then promptly extended its now-year-long hostile tender offer of $50 per share for Willamette. It was the seventh time in which the offer has been extended, with the most recent reoffering set to expire at midnight on December 5. Undoubtedly, Weyerhaeuser will ring in the new year by extending the offer for an eighth time should Willamette remain unfazed, which will likely be the case.