PotlatchDeltic Completes Merger with Rayonier, Delists from Nasdaq
summarizeSummary
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.
check_boxKey Events
-
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.
auto_awesomeAnalysis
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.