Shareholders Approve PotlatchDeltic Merger, Paving Way for January 30 Close
RYN is trading near its 52-week low of $21.06 (9.6% above the low) on elevated volume (1.9× avg).
Summary
Rayonier Inc. shareholders approved the share issuance for the merger with PotlatchDeltic Corporation, with the transaction now expected to close on January 30, 2026.
Key Events · M&A and Partnerships · RYN
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Shareholder Approval for Merger
Rayonier shareholders approved the issuance of common shares in connection with the merger with PotlatchDeltic Corporation, with 133,500,334 votes for and 8,093,259 against.
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Merger Closing Imminent
The merger is now expected to be completed after market close on January 30, 2026, subject to customary closing conditions.
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Combined Company Ownership Structure
Upon completion, Rayonier shareholders are expected to own approximately 54% of the combined company, and former PotlatchDeltic stockholders will own the remaining 46%.
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Conversion Terms for PotlatchDeltic Shares
Each PotlatchDeltic common share will convert into 1.8185 Rayonier common shares and $0.61 in cash.
Analysis · RYN · Real Estate & Construction
Rayonier Inc. shareholders have approved the issuance of common shares necessary for the merger with PotlatchDeltic Corporation. This critical vote removes a significant hurdle for the previously announced merger, which is now expected to close on January 30, 2026. This follows the 8-K filing on January 16, 2026, which provided supplemental disclosures related to the merger. The approval of this major strategic transaction is a highly material event, fundamentally altering the company's structure and future operations, and is a key step towards creating a larger, combined timberland REIT.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 42.7% of the 288 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RYN was trading at $23.08 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $3.8B. The 52-week trading range was $21.06 to $28.31. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.