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Forestar Real Estate Group (NYSE-Listed FOR) visits the NYSE to celebrate their January 16 recent spin-off from NYSE-listed Temple-Inland Inc. (NYSE: TIN). On Dec. 12, 2007, the company began trading as an independent, public company under the ticker symbol 'FOR'. In honor of the occasion, President and CEO Jim DeCosmo rings The Opening BellSM.
Click the link below to view an archived webcast of The Opening Bell.
 Windows Media Player 300k
Forestar Real Estate Group
Forestar Real Estate Group Inc. operates in two business segments: real estate and natural resources. The real estate segment owns directly or through ventures about 374,000 acres of real estate located in nine states and 12 markets in the United States. The real estate segment has 24 real estate projects representing about 27,000 acres in the entitlement process, and 75 active development projects in seven states and 11 markets encompassing approximately 17,000 acres, comprised of about 30,000 residential lots and 1,900 commercial acres. The natural resources segment manages about 622,000 net acres of oil and gas mineral interests, sells wood fiber from its land primarily located in Georgia, and leases land for recreational uses.
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