It's a busy Sunday for Weyerhaeuser (WY): i) Appoints Doyle Simons, former CEO and chairman of...

|About: Weyerhaeuser Co. (WY)|By:, SA News Editor

It's a busy Sunday for Weyerhaeuser (WY): i) Appoints Doyle Simons, former CEO and chairman of Temple-Inland, to replace retiring CEO Dan Fulton. (PR) ii) Acquires 645K acres of high-quality timberlands in Washington and Oregon from Brookfield Asset Management (BAM) for $2.65B, boosting its holdings in the area by 33%. (PR) iii) Says it will explore "strategic alternatives" for WRECO, its homebuilding and real estate development business, including a merger, sale, or spin-off. (PR)