Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does not already own for $16 per share, an offer that values the lumber, plywood, pulp and paper company at about $2 billion. Vancouver-based Great Pacific already owns about a 51 per cent stake in Canfor and plans to take the company private. The cash deal is estimated at $981.7 million. Great Pacific says the proposed transaction will allow for the elimination of the significant costs related to maintaining a public company listing ...
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