Cravath Represents Weyerhaeuser in Acquisition

On June 16, 2013, Weyerhaeuser Company announced it has a signed definitive stock purchase agreement to acquire Longview Timber LLC from affiliates of Brookfield Asset Management Inc. for US$2.65 billion, which includes the assumption of debt. Cravath represented Weyerhaeuser in connection with this transaction, which is subject to the satisfaction of customary closing conditions and is expected to close in July 2013.

The Cravath team included partners Richard Hall and Erik R. Tavzel and associates Stephanie R. Gallina and Benjamin C. Hewitt on M&A matters; partner James C. Vardell III and senior attorney Kimberly A. Grousset on banking matters; partner Andrew W. Needham and associates Christopher K. Fargo, Kara L. Mungovan and Rachel H. Kiwi on tax matters; practice area attorney Michael Krasnovsky on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters. Michele A. Cera and summer associate Andrew T. Murphy also worked on M&A matters.