0001193125-15-371107.txt : 20151110 0001193125-15-371107.hdr.sgml : 20151110 20151109081600 ACCESSION NUMBER: 0001193125-15-371107 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20151108 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151109 DATE AS OF CHANGE: 20151109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEYERHAEUSER CO CENTRAL INDEX KEY: 0000106535 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 910470860 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04825 FILM NUMBER: 151214065 BUSINESS ADDRESS: STREET 1: 33663 WEYERHAEUSER WAY SOUTH CITY: FEDERAL WAY STATE: WA ZIP: 98003 BUSINESS PHONE: 2539242345 MAIL ADDRESS: STREET 1: 33663 WEYERHAEUSER WAY SOUTH CITY: FEDERAL WAY STATE: WA ZIP: 98003 8-K 1 d50617d8k.htm 8-K 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

November 8, 2015

(Date of earliest event reported)

 

 

WEYERHAEUSER COMPANY

(Exact name of registrant as specified in charter)

 

 

 

Washington   1-4825   91-0470860

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

Federal Way, Washington 98063-9777

(Address of principal executive offices)

(zip code)

Registrant’s telephone number, including area code:

(253) 924-2345

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 8.01. OTHER EVENTS

On November 8, 2015, Weyerhaeuser Company issued a press release announcing that its board of directors has authorized the exploration of strategic alternatives for its Cellulose Fibers business. A copy of the press release is filed hereto as Exhibit 99.1 and is incorporated herein by reference.


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) The following item is filed as an exhibit to this report:

 

99.1   Press Release, dated November 8, 2015.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

WEYERHAEUSER COMPANY
By:  

/s/ Devin W. Stockfish

Name:   Devin W. Stockfish
Title:   Senior Vice President, General Counsel and Corporate Secretary

Date: November 9, 2015

EX-99.1 2 d50617dex991.htm EX-99.1 EX-99.1
LOGO   NEWS RELEASE

 

 

 

For more information contact:

Analysts: Beth Baum, 253-924-3815

Financial Media: Dan Katcher, 212-355-4449

Regional Media: Anthony Chavez, 253-924-7148

Weyerhaeuser to explore strategic alternatives for its Cellulose Fibers business

FEDERAL WAY, Wash., Nov. 8, 2015 — Weyerhaeuser Company (NYSE: WY) today announced that its board of directors has authorized the exploration of strategic alternatives for its Cellulose Fibers business. The board intends to consider a broad range of alternatives, including continuing to hold and operate the business or a sale or spin-off of the business.

“The people and assets associated with our Cellulose Fibers business are some of the finest in the industry,” said Doyle R. Simons, president and chief executive officer. “We have consistently improved the performance of this business while continuing to meet the needs of our worldwide customers. We believe now is the right time to evaluate all options to ensure the best long-term results for this business and at the same time create the most value for our shareholders by further focusing our portfolio.”

The company’s Cellulose Fibers business includes five pulp mills, two modified fiber mills, one liquid packaging board facility, and one publishing papers joint-venture facility.

The company noted that there can be no assurance that the board’s evaluation process will result in any transaction or that any transaction, if pursued, will be consummated. The company does not intend to provide any additional information unless or until the evaluation process is completed or terminated.

About Weyerhaeuser

Weyerhaeuser Company, one of the world’s largest private owners of timberlands, began operations in 1900. We own or control nearly 7 million acres of timberlands, primarily in the U.S., and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood and cellulose fibers products. Our company is a real estate investment trust. In 2014, our continuing operations generated $7.4 billion in sales and employed approximately 12,800 people who serve customers worldwide. We are listed on the Dow Jones World Sustainability Index. Our common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

FORWARD-LOOKING STATEMENTS

This communication contains statements concerning the company’s future results and performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, with respect to any potential transaction involving Weyerhaeuser’s Cellulose Fibers business or the structure of any such transaction (if any), as well as the risk factors disclosed in Weyerhaeuser’s filings with the SEC, including Weyerhaeuser’s annual reports on Form 10-K for the year ended December 31, 2014. These forward-looking statements are based on various assumptions and may not be accurate because of risks and uncertainties surrounding these assumptions. Factors listed above, as well as other factors, may cause actual results to differ significantly from these forward-looking statements. There is no guarantee that any of the events anticipated by these forward-looking statements will occur. If any of the events occur, there is no guarantee what effect they will have on company operations or financial condition. The company will not update these forward-looking statements after the date of this news release.

###

GRAPHIC 3 g50617002.jpg GRAPHIC begin 644 g50617002.jpg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®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end