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Deal Watch: Schreeder cuts a deal on Tennessee timber
Correction appended: See below for a correction to this story.SCHREEDER WHEELER FLINT partners Leo Rose III and Samuel F. Boyte advised an Atlanta institutional investor on its recent $66 million purchase of about 80,000 acres of timberland on the Cumberland Plateau in Tennessee.The investor group, called Sequatchie LLC and based in Atlanta, acquired the property from Bowater Inc.Deal Watch: Co-op gets boost from two deals
There's more than one way to deliver steaks, spoons and strawberries to restaurants.There's the Sysco Corp. way, in which dozens of regional food service distributors are owned and managed by a central office in Houston. Sysco describes itself as the largest food service distributor in North America.Then there's the UniPro Foodservice Inc.Labaton Sucharow has already helped wrestle $100 million from OppenheimerFunds over mutual funds stuffed with subprime mortgage-backed securities. Now the firm has gotten the go-ahead to pursue similar claims against the investment bank Morgan Keegan.
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