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Published on 2/10/2006 in the Prospect News Distressed Debt Daily.

Scotia Pacific marketing ranch lands, recreation areas to address cash flow needs

By Caroline Salls

Pittsburgh, Feb. 10 - Scotia Pacific Co. LLC is marketing some of its non-timberland properties, including ranch lands and recreational areas, in order to address future cash flow requirements, according to an 8-K filing with the Securities and Exchange Commission.

The company is also marketing some non-strategic timberlands.

Houston-based Maxxam Inc., a natural resources and real estate company, is parent of both Scotia Pacific and Pacific Lumber. Scotia Pacific is based in Scotia, Calif.


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