OR

PORTLAND, OR—The art of letter writing is far from dead. Paper manufacturing giants Willamette and Weyerhaeuser are prime examples. In the most recent round of sweet nothings exchanged between the would-be merger companies, Willamette Industries Chairman William Swindells and CEO Duane McDougall sent a letter in October to Steven R. Rogel, chairman, president and CEO of Federal Way, WA-based Weyerhaeuser Co., inviting his company to submit a written offer in the high $50s to spur merger talks. "In view of our desire to put an end to the unproductive and costly stalemate for both our companies and shareholders, we write to offer you a

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