HOUSTON—-MAXXAM Inc. announced that it will convene, as promptly as practicable, a special meeting of its stockholders to approve, subject to final action by the Board of Directors of MAXXAM Inc. , a 1-for-250 reverse stock split of the Companyâs common stock and preferred stock.
Decking and fencing company Trex Co. said Friday that it plans to redeem million in bonds. The variable rate demand environmental improvement revenue bonds series 2004 were issued by the Mississippi Business Finance Corp. and will be redeemed on Sept. 15 at a price of 100 percent plus accrued interest, Trex said.
WINCHESTER, Va.—-Trex Company, Inc. , the nationâs leading manufacturer and distributor of wood alternative decking, railing, fencing and trim, today announced that a notice of redemption has been sent to holders of all Variable Rate Demand Environmental Improvement Revenue Bonds Series 2004.
VANCOUVER, British Columbia—-Weyerhaeuser Company announced today that it has applied for a decision from the securities regulatory authority for Quebec, the Autorite des marches financiers, that it is no longer a reporting issuer in Quebec.
Standard & Poor’s Ratings Services said Tuesday it cut its outlook on Koppers Holdings Inc. to “Stable” from “Positive” on weak second-quarter earnings.
Timber and wood products company Weyerhaeuser Co. said Monday it completed the sale of its commercial business to a subsidiary of Atlas Holdings LLC.
FEDERAL WAY, Wash.—-Weyerhaeuser Company today announced the completion of the sale of its Commercial business to a wholly-owned subsidiary of Atlas Holdings LLC. Terms of the sale were not disclosed.