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01-05-2014, 02:56 PM
Rayonier Completes Timberland Purchase

JACKSONVILLE, Fla. Rayonier (NYSE NYSE

See: Lse :RYN) said today it's got completed the previously announced acquisition of timberland in six states from funds managed by GMO GMOgenetically modified organism Renewable Resources, LLC. After adjustments, the transaction involved approximately 174,000 acres at a price of $151 million.

"The purchase is part of our approach to increase both the http://www.bakerboy.com/images/soccer.html size and geographic footprint our REIT REIT

See: Real Estate Investment TrustSee investment trust (REIT). and enhances our product mix by building several highvalue hardwood species," said Lee Nutter, Chairman, President and CEO (1) (Ceo) A very high individual accountable for a company. Typically the president of the company, the CEO reports with the オークリー 激安 (http://ffhs.no/oak.html) Chairman from the Board. . "Also, the acquisition provides significant likekindexchange tax benefits, offering us further opportunity efficiently develop our highvalue real estate property business."

The timber is found in Manhattan, Texas http://www.quickval.com/images/airmax.html Big apple is really a hamlet in Henderson County, Texas, USA, about 11 miles east of Athens. Youre able to send holdings include approximately 200,000 acres with residential and commercial development potential in the fastgrowing Interstate 95 corridor between Savannah, Georgia, and Daytona Beach, Florida redirects here. For other uses, see Daytona (disambiguation).