PotlatchDeltic Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PotlatchDeltic Corporation - PCH
Core Viewpoint - The proposed sale of PotlatchDeltic Corporation to Rayonier Inc. is under investigation to assess whether the transaction adequately values PotlatchDeltic and the process leading to this valuation [1]. Group 1: Transaction Details - Shareholders of PotlatchDeltic will receive 1.7339 common shares of Rayonier for each share of PotlatchDeltic they own as part of the proposed transaction [1]. Group 2: Legal Investigation - Kahn Swick & Foti, LLC is investigating the proposed sale to determine if the consideration is adequate or if it undervalues PotlatchDeltic [1]. - The firm is inviting shareholders who believe the transaction undervalues the company to discuss their legal rights regarding the proposed sale [2].