Updating Weyerhaeuser Co., Proctor & Gamble Co., and Shermin-Williams Co.

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WEYERHAEUSER CO. $75 (New York symbol WY) has merged its fine paper operations with Canadian paper producer Domtar Corp. (New York symbol UFS). Stockholders that chose to participate received 11.1442 shares of Domtar for each Weyerhaeuser share tendered. The deal lets Weyerhaeuser focus on its core lumber operations. Buy. PROCTER & GAMBLE CO. $63 (New York symbol PG) contracts some of its Iams and Eukanuba brand pet food operations out to third parties, including Menu Foods Inc. which has recalled some of its products due to possible contamination. Procter does not have a long-term contract with Menu Foods. But the pet food industry is highly concentrated, so it could have trouble shifting to a new supplier. Still, pet food accounts for less than 4% of Procter’s earnings. Buy. SHERWIN-WILLIAMS CO. $66 (New York symbol SHW) has agreed to pay an undisclosed sum for M.A. Bruder & Sons Inc. The deal will increase its annual revenue by 2%, and expand its share of…