Rayonier, PotlatchDeltic to form timber products giant in $8.2 billion merger

Core Viewpoint - Rayonier and PotlatchDeltic announced a merger in an all-stock deal valued at approximately $8.2 billion, including debt, aiming to create one of North America's largest publicly traded timber and wood companies [1] Company Summary - The merger will combine the strengths of Rayonier and PotlatchDeltic, enhancing their market position in the timber and wood industry [1] - The deal is structured as an all-stock transaction, indicating a strategic move to consolidate resources and capabilities without immediate cash outflow [1] Industry Summary - This merger is expected to significantly impact the North American timber and wood market by creating a larger entity with increased operational efficiencies and market reach [1] - The combined company will likely benefit from economies of scale, potentially leading to improved profitability and competitive advantages in the industry [1]