Wildlight-Based Rayonier Inc., PotlatchDeltic Corp. Announce ‘Merger of Equals’
The merger creates a timberland REIT with about 4.2 million acres and seven manufacturing facilities, making it the second-largest publicly traded company in its sector.
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Rayonier And PotlatchDeltic Announce Massive Merger - Wood Business
The forest products sector in the U.S. received news of a massive merger on Oct.14 when Rayonier announced that it has entered into a definitive agreement to combine in an all-stock merger of equals with PotlatchDeltic, creating the second-largest publicly traded timber and wood products in North America. Rayonier stated the merged company (to be named in a future announcement) will be “well-positioned to capitalize on an improving housing marke…
Rayonier And PotlatchDeltic Announce Massive Merger - Canadian Biomass Magazine
The forest products sector in the U.S. received news of a massive merger on Oct.14 when Rayonier announced that it has entered into a definitive agreement to combine in an all-stock merger of equals with PotlatchDeltic, creating the second-largest publicly traded timber and wood products in North America. Rayonier stated the merged company (to be named in a future announcement) will be “well-positioned to capitalize on an improving housing marke…
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