Tri Pointe Homes(TPH) To Combine with Weyerhaeuser (WY) Company’s Homebuilding Business in $2.7B deal - Announced that its Board of Directors approved a definitive agreement pursuant to which Weyerhaeuser Real Estate Company (WRECO), the wholly-owned homebuilding and real estate subsidiary of Weyerhaeuser Company (NYSE: WY) (Weyerhaeuser) will combine with a subsidiary of TRI Pointe in a transaction valued at approximately $2.7 billion. - The transaction, which is expected to close by the end of the second quarter of 2014, will establish TRI Pointe as one of the 10 largest homebuilders in the United States based on estimated combined equity market value and provide Weyerhaeuser shareholders with the opportunity to own shares in one of the largest homebuilders in the country