Steven Rogel

Two paper giants from the Northwest have been sparring. One wants to take over the other. Now shareholders have weighed in. by ERIK CAGLE The high-octane, acrimonious hostile takeover attempt of paper giant Willamette by fellow industry leader Weyerhaeuser appears far from over. Battle lines were drawn June 7, when Willamette shareholders appeared to have voted Weyerhaeuser's three candidates onto Willamette's nine-member board of directors. Official results weren't expected for a few weeks, as of press time. With its representatives in place, Weyerhaeuser vows to nominate another slate of directors for election at the 2002 annual meeting should Portland, Ore.-based Willamette continue refusing