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DewDiligence

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DewDiligence

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Re: None

Friday, 09/18/2015 5:18:57 PM

Friday, September 18, 2015 5:18:57 PM

Post# of 172
PCL sells 98K non-core acres of Florida timberland for $120M in cash:

http://finance.yahoo.com/news/plum-creek-completes-sale-southern-202500472.html

While these lands have been well-managed, the significant hardwood component of the property didn’t fit well with [PCL’s] broader Southern timberland portfolio.

I.e. PCL's southern forests are predominantly softwood.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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