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Timber sale expands company’s regional footprint

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ASTORIA, Ore. (AP) — The Weyerhaeuser Co.'s takeover of a competing landowner for $2.65 billion means the timber company is betting big on its foremost asset. The Daily Astorian reports (http://bit.ly/12V4w6z ) the company has struck a deal to buy Longview Timber, increasing its land holdings in Oregon and Washington by one-third, to 2.6 million acres.

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