Weyerhaeuser Wins Round One of Battle

PORTLAND, OR—The barbarians may be at the gate, but integrated forest products giant Willamette doesn't appear ready to throw in the towel.

Still, Federal Way, WA-based Weyerhaeuser, repeatedly rebuffed by Willamette during this captivating hostile takeover attempt, made significant inroads toward its goal when the results of the June 7 board of directors election became official.