PotlatchDeltic Completes Merger with Rayonier, Delists from Nasdaq
PCH is trading near its 52-week low of $36.82 (13% above the low) on elevated volume (16× avg).
Summary
PotlatchDeltic Corporation announced the completion of its merger with Rayonier Inc., resulting in its common stock being delisted from Nasdaq and shareholders receiving Rayonier shares and cash.
Key Events · M&A and Partnerships · PCH
-
Merger Completion
PotlatchDeltic Corporation officially merged with Redwood Merger Sub, LLC, a wholly-owned subsidiary of Rayonier Inc., on January 30, 2026, with Redwood Merger Sub, LLC continuing as the surviving entity.
-
Share Conversion and Consideration
Each outstanding share of PotlatchDeltic common stock was converted into the right to receive 1.8185 Rayonier common shares and $0.61 in cash, with fractional shares paid in cash.
-
Delisting from Nasdaq
PotlatchDeltic's common stock (PCH) was halted from trading on Nasdaq effective January 30, 2026, and will be delisted, with subsequent deregistration from the SEC.
-
Leadership Changes
All directors and officers of PotlatchDeltic ceased their positions upon the merger's completion, with some former directors joining Rayonier's board.
Analysis · PCH · Real Estate & Construction
This filing marks the definitive completion of the merger between PotlatchDeltic Corporation and Rayonier Inc., a significant event that fundamentally alters the investment landscape for former PotlatchDeltic shareholders. Following shareholder approval on January 27, 2026, the merger officially closed on January 30, 2026. As a result, PotlatchDeltic's common stock has been delisted from Nasdaq, and the company will cease to be an independent public entity. Shareholders of PotlatchDeltic have had their shares converted into a combination of Rayonier common shares and cash, effectively transitioning their investment into the acquiring company. This finalizes a major corporate action, concluding PotlatchDeltic's independent public trading history.
At the time of this filing, PCH was trading at $41.71 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $36.82 to $48.12. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.