Thursday, March 20, 2008

Courts Approve P & T Sale

The sale of our local P & T mill has cleared the BC Supreme Court and U.S. Bankruptcy courts and is now awaiting regulator clearance.
The $6 million sale to Sinarmas Group is the sorry end to Pope & Talbots $39 million star acquisition from Canfor, and there is no mention of future plans from the new owner.
-- more info from the PG Citizen

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