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Strategies & Market Trends : Value Investing

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To: epicure who wrote (21808)7/30/2005 6:19:19 PM
From: E_K_S  Read Replies (1) of 78666
 
This article came out Friday on International Paper. It looks like there is a company interested in a portion of their timber assets. I picked the wrong company as I started a small position in GP but I guess my thinking was right.

Canfor eyes International Paper's US lumber assets
Fri Jul 29, 2005 5:01 PM ET
(http://today.reuters.com/investing/financeArticle.aspx?type=mergersNews&storyID=2005-07-29T210149Z_01_N29457775_RTRIDST_0_TIMBER-CANFOR-IP.XML)
From the article:"... VANCOUVER, British Columbia, July 29 (Reuters) - Canadian forestry giant Canfor Corp (CFP.TO: Quote, Profile, Research) will look at any lumber operations that International Paper Co. (IP.N: Quote, Profile, Research) decides to sell in the United States, Canfor's chief executive said on Friday...."

EKS
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