Tri Pointe Homes to buy Weyerhaeuser unit in $2.7 billion deal

(Reuters) - Weyerhaeuser Co is selling its homebuilding division to Tri Pointe Homes Inc in a $2.7 billion deal that will leave Weyerhaeuser shareholders in control of one of the 10 largest homebuilders in the United States.

from Reuters: Business News http://feeds.reuters.com/~r/reuters/businessNews/~3/J3bd97MX5Uw/story01.htm