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Published on 4/30/2008 in the Prospect News Distressed Debt Daily.

Interfor completes acquisition of Pope & Talbot sawmills, Spearfish sale

By Caroline Salls

Pittsburgh, April 30 - International Forest Products Ltd. (Interfor) has completed its $69 million acquisition of Pope & Talbot, Inc.'s Castlegar and Grand Forks sawmills and related timber tenures in British Columbia, as well as the Spearfish sawmill assets in South Dakota, according to an Interfor news release.

Interfor said it has also completed the subsequent $14 million sale of the Spearfish sawmill assets to Neiman Enterprises, Inc.

Interfor is a Vancouver, B.C.-based producer of wood products.


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