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Procter & Gamble Co. said it agreed to sell part of its pulp and timber business to Weyerhaeuser Co. for $600 million. The sale includes pulp mills in Grande Prairie, Alberta, and Oglethorpe, Ga., and saw mills in Grande Prairie and Barnesville, Ga., as well as 175,000 acres of Georgia timberland. Cincinnati-based Procter & Gamble said Weyerhaeuser, based in Tacoma, Wash., will offer jobs to all employees at facilities in Georgia and Alberta.
