Acadian Timber Corp T.ADN

Alternate Symbol(s): ACAZF

Forest Products Lumber & Wood Production

Acadian Timber Corp. is a Canada-based timberland provider in the Eastern Canada and the Northeastern United States. The Company owns and manages approximately 777,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands or NB Timberlands), approximately 300,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides timber services, which include approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. The Company operates through three segments: NB Timberlands, Maine Timberlands and Corporate. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. It sells its products to approximately 90 regional customers. The Company also develops carbon credits for sale in voluntary carbon credit markets. The Company has approximately 2.4 million acres of land under management.

TSX:ADN - Post by User

Acadian Timber Corp

Bullboard Posts

Comment by BoredDeveloperon Feb 17, 2016 9:10am

198 Views

Post# 24565312

RE:RE:RE:Review of strategic alternatives?

hotrunner wrote:
how long do strategic reviews usually take ?

I don't know, but for comparison:

ITC announced their own review on Nov 30th, and on Feb 9th announced the sale to Fortis. That's just over two months, but those are other companies in another industry, too.

ITC's SP went up 9.27% on the day they announced the review and stayed high until the sale - somewhat more gain than ADN and that makes a nice reminder not to get too hung up on the comparison.

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