Hints and tips:
...Under the terms of the transaction, Weyerhaeuser shareholders will receive about $2bn in Tri Pointe’s stock, based on Tri Pointe’s closing price of $15.38 on Friday....
...(Foreign Policy) “Tri Pointe Homes, a homebuilder backed by Barry Sternlicht’s Starwood Capital Group LLC, is in advanced talks to buy Weyerhaeuser Co’s homebuilding division for about $2.7 billion, according...
...Mr Sternlicht, chairman of Tri Pointe, will retain a 45 per cent ownership stake....
...The deal, which could be announced as soon as Monday, according to people familiar with the matter, will extend Cablevision’s reach beyond its core market in the New York tri-state area....
...In 1989 it acquired Columbia Pictures and its sister company, Tri-Star Pictures, for $3.4bn....
...Last year, the top two each added 2,000 rooms, compared with French-based Accor’s 449 rooms and Express by Holiday Inn with 356, according to research by TRI Hospitality Consulting....
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