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DewDiligence

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DewDiligence

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Re: None

Monday, 09/16/2019 1:55:12 PM

Monday, September 16, 2019 1:55:12 PM

Post# of 178
WY monetizes Michigan acreage for $300M:

https://finance.yahoo.com/news/weyerhaeuser-sell-michigan-timberlands-120000726.html

This gives WY more cash to cover the dividend in the near term, which some investors have had angst about.

The 555K acres sold today were about 4.5% of WY’s total timberland holdings.

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

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