Plum Creek Timber Co. Inc. (NYSE:PCL) Announces Common Stock Offering To Part-Fund Purchase Of Southern Timberlands

Boston, MA 11/04/2013 (wallstreetpr) – One of the largest owners of private timberland in United States, Plum Creek Timber Co. Inc. (NYSE:PCL) has announced a public offering of 12.1 million common shares priced at $45. Company intends to use the proceeds to par fund its $1.1 billion purchase of Southern Timberlands. Company plans to buy more than […]