Pacific Lumber Plans to Sell Up to 60,000 acres
Pacific Lumber Plans to Sell Up to 60,000 acres This does not come as a surprise, but no one but the company insiders knew just when it would happen. Note that PL did not notify its bondholders and also note the figures on how cut-over the land is. Press release from the Humboldt Watershed Council below, followed by links to several news stories about this most recent development. See BACH’s newsletter for background at http://www.headwaterspreserve.org/ February 9, 2006 Re: Maxxam Begins Final Liquidation of Once-Proud Pacific Lumber Company Business plan right on target, say observers The Humboldt Watershed Council announced …