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Weyerhaeuser Announces Approval by Security Holders of Domtar Inc.

Publication: PR Newswire
Publication Date: 26-FEB-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
FEDERAL WAY, Wash., Feb. 26 /PRNewswire-FirstCall/ -- Weyerhaeuser Company announced that the security holders of Domtar Inc. have voted to approve the plan of arrangement to combine Domtar Inc. with the fine paper business of Weyerhaeuser to be contributed to a new company called Domtar Corporation.



(Logo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a) (Logo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b)

Weyerhaeuser plans to distribute the 284,067,852 shares of Domtar Corporation common stock it will hold as a result of the contribution of its fine paper business pursuant to an exchange offer for common shares of Weyerhaeuser Company and exchangeable shares of Weyerhaeuser Company Limited commenced on Feb. 2, 2007. Upon completion of the transactions, approximately 55 percent of the Domtar Corporation shares will be owned by current or former Weyerhaeuser shareholders and approximately...

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