Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Salomon Upgrades Willamette to Outperform

Salomon Smith Barney upgrades Willamette (WLL) to outperform from neutral after it agrees to be acquired by Weyerhaeuser Co. (WY) for $55.50 in cash per share and says that talks with Georgia-Pacific (GP) have ended.

Analyst Chip Dillon says that a definitive agreement is likely by the end of January. He sees a closing in under three months, as Hart-Scott-Rodino approval has been obtained. Dillon sees the possibility that a definitive deal may involve equity, although agreement in principle is currently based on an all-cash deal. At any rate, the analyst sees Willamette holders getting $55.50 in value per share, so he raises his $47 target to $55.50.

blog comments powered by Disqus