timberland coat Articles about Timberland
Crown Zellerbach’s directors put up a “for sale” sign Thursday, offering to sell the forest products giant for $1.63 billion, or $60 a share. At the same time, the board said it plans to spin off interests in its timberland to shareholders and urged them to reject Anglo French financier Sir James Goldsmith’s $42.50 a share tender offer for a majority of the company’s shares. Meanwhile, New York arbitrageur Ivan F. Boesky said he has acquired 2 million shares of Zellerbach common, or 7.New Hampshire based Team Timberland decamped to West Hollywood’s Chateau Marmont on Tuesday night to celebrate the 40th anniversary of the label’s iconic yellow boot and highlight the apparel program it’s relaunching for fall. The boots were out in full force too the seeming footwear of choice for the little black dress crowd, who sported them unlaced and tongues flapping as they circulated through the crowd of magazine editors, photographers, Hollywood stylists and other assorted tastemakers. Forest Service roads changes that critics complained could transform forests into housing subdivisions. Critics of the proposed changes had included President elect Barack Obama and a Montana senator. Changes in the agreements would benefit the public, but “given the lack of receptivity,
we have decided not to go forward,” Plum Creek Timber Co. Privately held Sierra Pacific will pay an undisclosed sum for the 520,000 acres of timberland owned by Santa Fe Pacific Timber, which was put on the block in June by the parent company. Securities analyst John E. Maack Jr. at S. G. Warburg Co. District Court in Tacoma, Wash., federal investigators said. Yahya Najib Nawabi, also known as Alex Nawabi, was convicted of conspiracy to commit wire fraud, money laundering and making false statements to law enforcement, according to a news release from the IRS Criminal Investigation unit.