WhatTheyThink

Weyerhaeuser Extends Tender Offer for Willamette Industries Until August 15, 2001

Press release from the issuing company

FEDERAL WAY, Wash.-June 29, 2001--Weyerhaeuser Company today announced that it has extended its $50 per share cash tender offer for all of the outstanding common stock of Willamette Industries, Inc. until midnight New York City time on August 15, 2001. As of midnight on June 28, 2001, Willamette shareholders had tendered and not withdrawn approximately 37.7 million shares pursuant to Weyerhaeuser's tender offer.