Shareholder Alert: The Ademi Firm investigates whether PotlatchDeltic is obtaining a Fair Price for its Public Shareholders

Core Viewpoint - The Ademi Firm is investigating PotlatchDeltic for potential breaches of fiduciary duty and other legal violations related to its transaction with Rayonier [1]. Group 1: Transaction Details - Shareholders of PotlatchDeltic will receive 1.7339 common shares of Rayonier for each share of PotlatchDeltic stock, implying a price of $44.11 per PotlatchDeltic share [2]. - Upon closing, Rayonier shareholders will own approximately 54% and PotlatchDeltic shareholders will own approximately 46% of the combined company [2]. Group 2: Board Conduct and Limitations - The transaction agreement imposes significant penalties on PotlatchDeltic for accepting competing bids, which may limit competing transactions unreasonably [3]. - The investigation focuses on whether the PotlatchDeltic board of directors is fulfilling their fiduciary duties to all shareholders [3].