On June 21 Weyerhaeuser Company and MacMillan Bloedel Limited announced that they reached an agreement whereby Weyerhaeuser would acquire MacMillan Bloedel in a stock transaction valued at approximately $3. 59 bn. Once the transaction closes Weyerhaeuser will become a company with annual sales of approximately Cdn. $19. 5 bn. and a market capitalization of around Cdn. $24. 2 bn. Canadian counsel for Weyerhaeuser on the transaction is Blake, Cassels & Graydon. The Blakes team consists of Alan Bell, Craig Thorburn, Jocelyn Kelley, Anoop Dogra and Carlos Cerqueira (corporate/securities), Joel Shafer, Leslie Morgan and Jeff Trossman (tax), Peter Kalbfleisch, Paul Cassidy, Greg Kanargelidis and Michael Piaskoski (forestry and regulatory), J. J. (Jack) Quinn and David Fruitman (competition) and Caroline Helbronner (pension and employee benefits). U. S. counsel for Weyerhaeuser is Cravath, Swaine & Moore. Canadian counsel for MacMillan Bloedel is Stikeman Elliott. The Stikes team consists of John Stransman, Karen Jackson, Deepak Rajpal, Simon Romano, Donald Belovich and Maureen Tai (corporate / securities), Ronald Durand, Tina Korovilas (tax), Lawson Hunter, Q. C. , Paul Collins and Shawn Neylan (regulatory), all from the Toronto office, and Jonathan Drance and John Anderson from the Vancouver office. MacMillan Bloedel’s U. S. counsel is Skadden, Arps, Slate, Meagher & Flom.