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Scotia Pacific Holding Co

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February 1, 1993 | MICHAEL PARRISH, TIMES STAFF WRITER
The Sierra Club, the Audubon Society and the Wilderness Society will deliver a warning today to the Securities and Exchange Commission that a proposed restructuring of Pacific Lumber Co. could greatly raise the cost of saving California's last big private stand of old-growth redwoods. The SEC is reviewing a plan by Houston-based Maxxam Inc., parent of Pacific Lumber, to split the company. Pacific Lumber would spawn a new subsidiary, Scotia Pacific Holding Co.
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BUSINESS
February 1, 1993 | MICHAEL PARRISH, TIMES STAFF WRITER
The Sierra Club, the Audubon Society and the Wilderness Society will deliver a warning today to the Securities and Exchange Commission that a proposed restructuring of Pacific Lumber Co. could greatly raise the cost of saving California's last big private stand of old-growth redwoods. The SEC is reviewing a plan by Houston-based Maxxam Inc., parent of Pacific Lumber, to split the company. Pacific Lumber would spawn a new subsidiary, Scotia Pacific Holding Co.
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