PotlatchDeltic(PCH)
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of PotlatchDeltic
Prnewswire· 2025-10-14 20:18
Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations related to the proposed acquisition of PotlatchDeltic by Rayonier, which involves a stock exchange offer for shareholders [1] Group 1: Acquisition Details - PotlatchDeltic shareholders will receive 1.7339 shares of Rayonier common stock for each share of PotlatchDeltic they hold [1] - Following the acquisition, PotlatchDeltic stockholders will own approximately 46% of the combined company [1] - The transaction is anticipated to close in early 2026 [1] Group 2: Legal Investigation - Rowley Law PLLC is representing shareholders in investigating the acquisition for potential securities law violations [1] - Additional information regarding the investigation can be obtained through Rowley Law PLLC's website or by contacting their office directly [2]
Vinson & Elkins Represents Rayonier and PotlatchDeltic in $8.2 Billion Merger
Yahoo Finance· 2025-10-14 18:00
Core Viewpoint - Rayonier and PotlatchDeltic have agreed to merge in an all-stock deal, creating a leading U.S. land resources and lumber company valued at $7.1 billion in equity and $8.2 billion in enterprise value [1] Group 1: Merger Details - PotlatchDeltic shareholders will receive 1.7339 Rayonier shares per share, representing an 8.25% premium, resulting in Rayonier owning 54% and PotlatchDeltic 46% of the combined firm [1] - The new company will own 4.2 million acres of timberland across 11 states and operate seven wood products facilities [2] Group 2: Financial Expectations - The merger is expected to generate $40 million in annual synergies within two years and maintain a strong balance sheet with net debt of about 2.5 times EBITDA [2] Group 3: Leadership and Structure - Leadership will include Rayonier CEO Mark McHugh as CEO and PotlatchDeltic CEO Eric Cremers as Executive Chair for 24 months [3] - The headquarters will be located in Atlanta, GA, with regional offices in Spokane, WA, and Wildlight, FL [3] Group 4: Strategic Vision - The merger is described as a strategic merger of equals, aimed at delivering enhanced value for shareholders and stakeholders, with a shared commitment to sustainability [4]
Shareholder Alert: The Ademi Firm investigates whether PotlatchDeltic is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-14 16:00
Contacts Ademi & Fruchter LLP Guri Ademi Toll Free: (866) 264-3995 Fax: (414) 482-8001 SOURCE Ademi LLP The transaction agreement unreasonably limits competing transactions for PotlatchDeltic by imposing a significant penalty if PotlatchDeltic accepts a competing bid. We are investigating the conduct of the PotlatchDeltic board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual sharehold ...
PotlatchDeltic Corporation (PCH) M&A Call Transcript
Seeking Alpha· 2025-10-14 15:26
Core Points - The teleconference discusses the Merger of Equals between Rayonier and PotlatchDeltic, indicating a significant strategic move in the industry [1] - Presentation materials are available on both companies' websites and have been filed with the SEC, ensuring transparency and compliance [2] - The presentation includes forward-looking statements and non-GAAP financial measures, highlighting the companies' commitment to providing comprehensive financial information [3][4]
PCH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PotlatchDeltic Corporation Is Fair to Shareholders
Businesswire· 2025-10-14 13:55
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PotlatchDeltic Corporation (NASDAQ: PCH) to Rayonier Inc. for 1.7339 common shares of Rayonier for each share of common stock of PotlatchDeltic is fair to PotlatchDeltic shareholders. Upon closing of the proposed transaction, PotlatchDeltic shareholders will own approximately 46% of the combined company. Halper Sadeh encourages PotlatchDeltic shareholders to click here to learn more ab. ...
PotlatchDeltic (NasdaqGS:PCH) M&A Announcement Transcript
2025-10-14 13:30
Summary of Rayonier and PotlatchDeltic Merger Conference Call Industry and Companies Involved - **Industry**: Timber and Wood Products - **Companies**: Rayonier (NYSE:RYN) and PotlatchDeltic (NasdaqGS:PCH) Core Points and Arguments 1. **Merger Announcement**: Rayonier and PotlatchDeltic announced a definitive merger agreement for an all-stock merger of equals, combining their operations to enhance strategic and financial benefits [15][18][39] 2. **Scale and Assets**: The combined entity will own approximately 4.2 million acres of timberlands across 11 states, with significant wood products manufacturing capacity of 1.2 billion board feet of lumber and 150 million square feet of plywood [15][18] 3. **Shareholder Benefits**: PotlatchDeltic shareholders will receive 1.7339 shares of Rayonier for each PotlatchDeltic share, representing an 8.25% premium based on recent stock prices. Pro forma ownership will be approximately 54% Rayonier and 46% PotlatchDeltic [18][19] 4. **Expected Closing**: The merger is expected to close in late Q1 or early Q2 of 2026, pending regulatory approvals and shareholder votes [20] 5. **Synergies and Cost Savings**: Estimated annual synergies of $40 million are anticipated, primarily from corporate and operational cost optimization, with half expected to be realized in the first year [24][83] 6. **Leadership Structure**: Post-merger, Eric Cremers will serve as Executive Chair, Mark McHugh as President and CEO, and Wayne Wasechek as CFO of the combined company [27] 7. **Financial Strength**: The combined company will have a strong pro forma balance sheet with a net debt to EBITDA ratio of 2.5 times, allowing for flexible capital allocation [49][92] 8. **Dividend Strategy**: The combined company plans to maintain Rayonier's current quarterly dividend level, adjusted for the increased number of shares, and will pay a special dividend of $1.40 per share to meet REIT distribution requirements [50] 9. **Sustainability Commitment**: Both companies share a commitment to sustainability and responsible land stewardship, which will continue post-merger [51] Additional Important Insights 1. **Market Positioning**: The merger is seen as a strategic move to create a premier land resources company with a diversified timberland portfolio and a robust real estate business [51] 2. **Long-term Value Creation**: The executives emphasized the potential for long-term value creation through improved capital allocation and operational efficiencies [90] 3. **Diversification Benefits**: The merger will provide diversification across different markets, which is expected to mitigate risks associated with timber price volatility [74][90] 4. **Future Growth Opportunities**: The combined company will explore land-based solutions and natural climate solutions, including solar development and carbon capture, to enhance revenue streams [47] 5. **Market Conditions**: Executives expressed optimism about improving housing market conditions and potential price increases for timber products, which could enhance profitability [88][102] This summary encapsulates the key points discussed during the conference call regarding the merger between Rayonier and PotlatchDeltic, highlighting the strategic rationale, expected benefits, and future outlook for the combined entity.
北美第二大上市木材企业诞生!雷欧尼尔(RYN.US)与PotlatchDeltic(PCH.U...
Xin Lang Cai Jing· 2025-10-14 13:17
Group 1 - The core point of the article is the merger agreement between Rayonier (RYN.US) and PotlatchDeltic Corp. (PCH.US), which will create a new large timber holding and wood production company valued at $7.1 billion [1] - The merger will result in the second-largest publicly traded timber and wood products company in North America, with land resources spanning 4.2 million acres across 11 states [1] - The stock exchange ratio for the transaction represents an 8.25% premium over PotlatchDeltic's closing price on October 10 [1] Group 2 - Rayonier shareholders will hold 54% of the new entity, with Mark McHugh as the CEO and Eric Cremers as the executive chairman for 24 months post-transaction [1] - The new company will have a new name and will be headquartered in Atlanta, Georgia, while maintaining significant regional offices in Spokane, Washington, and Wildlight, Florida [1] - The merger announcement coincided with the implementation of tariffs on imported timber and wood products, aimed at boosting U.S. manufacturing, which is expected to impact Canada, the largest timber supplier to the U.S. [1] Group 3 - The U.S. Lumber Coalition indicated that timber suppliers are facing one of the most challenging market environments ever, citing weak new housing demand and a severe supply surplus due to producers rushing to ship products to avoid tariffs [2] - Eric Cremers stated that the merger will create significant strategic and financial benefits that could not be achieved by the companies operating separately [3]
北美第二大上市木材企业诞生!雷欧尼尔(RYN.US)与PotlatchDeltic(PCH.US)达成71亿美元合并
智通财经网· 2025-10-14 13:07
Group 1 - The core point of the news is the merger agreement between Rayonier (RYN.US) and PotlatchDeltic Corp. (PCH.US), which will create a new company valued at $7.1 billion, making it the second-largest publicly traded timber and wood products company in North America [1] - The combined entity will hold timberland resources across 11 states, covering a total area of 4.2 million acres [1] - The merger is structured as an all-stock transaction, with Rayonier shareholders owning 54% of the new entity, and Mark McHugh serving as the CEO of the merged company [1] Group 2 - The merger has been approved by the boards of both companies, and the stock exchange ratio offers an 8.25% premium over PotlatchDeltic's closing price on October 10 [1] - The new company will have a new name and will be headquartered in Atlanta, Georgia, while maintaining significant regional offices in Spokane, Washington, and Wildlight, Florida [1] - The announcement of the merger coincided with the implementation of tariffs on imported timber and wood products, aimed at boosting the U.S. manufacturing sector, which is expected to impact Canada, the largest timber supplier to the U.S. [1] Group 3 - The U.S. Lumber Coalition has indicated that timber suppliers are facing one of the most challenging market environments ever, citing weak new housing demand and a significant supply surplus due to Canadian and European producers rushing to ship products to avoid tariffs [2] - Eric Cremers, the current CEO of PotlatchDeltic, stated that the merger will create significant strategic and financial benefits that could not be achieved by the companies operating separately [2]
PotlatchDeltic (NasdaqGS:PCH) Earnings Call Presentation
2025-10-14 12:30
Transaction Overview - Rayonier and PotlatchDeltic will merge in an all-stock transaction, with PotlatchDeltic shareholders receiving 1.7339x Rayonier shares for each PotlatchDeltic share[1,9] - The transaction represents an 825% premium to PotlatchDeltic, based on closing stock prices as of October 10, 2025[9] - Pro forma ownership will be 54% for Rayonier shareholders and 46% for PotlatchDeltic shareholders[9] - The combined company is expected to close in late first quarter or early second quarter of 2026[9] Synergies and Financial Impact - The merger is expected to generate $40 million in annual run-rate synergies, primarily from corporate and operating overhead cost savings[8,9] - The combined company will have a pro forma market capitalization of approximately $71 billion[8] - The pro forma net leverage ratio is estimated to be approximately 25x[8] Combined Company Assets - The combined company will own approximately 42 million acres of timberlands[8,15] - The combined company's timberlands include 3227K acres in the U S South and 931K acres in the U S Northwest[18] - PotlatchDeltic's wood products facilities have the capacity to produce 12BBF of lumber annually and 150MMSF of plywood annually[21] Real Estate - Rayonier and PotlatchDeltic have demonstrated improving HBU premium realizations as well as a shift toward higher-value development sales over the past decade[37,38] - Rayonier and PotlatchDeltic have 79K acres under option for solar projects[48] - Rayonier has 154K acres under CCS lease in TX, LA, and AL[48]
Appia Receives Notice of Intention to Close from Ultra in Relation to the PCH REE Project Transaction
Newsfile· 2025-10-14 11:30
Toronto, Ontario--(Newsfile Corp. - October 14, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that further to its press releases dated September 2, 2025, September 23, 2025, October 1, 2025, October 2, 2025, October 6, 2025 and October 8, 2025 a notice of intention to close the transaction has been delivered to the Company, Antonio Vitor Junior ("Antonio"), and Beko Invest Ltd. ("Beko"), by Ultra Rar ...