Core Viewpoint - Potlatch Corporation held a virtual special meeting to vote on its merger agreement with Rayonier Inc, which was successfully approved by shareholders [2][7]. Meeting Setup and Quorum - The meeting was chaired by Board Chair Mike Covey and included key management members such as President and CEO Eric Cremers, CFO Wayne Wasechek, and General Counsel Michele Tyler [3]. - A quorum was established with a majority of the company's voting power represented, as there were 77,416,980 shares of common stock outstanding as of the record date [5]. Proposals Presented to Stockholders - Three proposals were outlined in the proxy statement, with the third proposal regarding adjournment deemed unnecessary if the merger agreement was approved [6]. Voting Results - The merger proposal to merge PotlatchDeltic into Redwood Merger Sub LLC, a Rayonier subsidiary, was approved by shareholders [7]. - An advisory vote on merger-related executive compensation was rejected, receiving over 70% negative votes from shares represented at the meeting [7].

Q3 2025 Financial Performance - Total Adjusted EBITDDA reached $89.3 million, driven by strong Real Estate segment performance[10] - Timberlands Adjusted EBITDDA was $41.0 million, reflecting seasonally higher harvest volumes[10, 19] - Wood Products Adjusted EBITDDA was negative $(2.5) million, impacted by lower lumber prices[10] - Real Estate Adjusted EBITDDA significantly increased to $63.1 million due to rural real estate sales and increased Chenal Valley sales[10, 51] Timberlands Segment - Northern Timberlands Adjusted EBITDDA was $21.2 million with sawlog harvest volume at 403 thousand tons and an average price of $128 per ton[30] - Southern Timberlands Adjusted EBITDDA was $19.8 million with sawlog harvest volume at 614 thousand tons and an average price of $47 per ton[36] Wood Products Segment - Lumber shipment volume increased to 333 MMBF, but the average lumber price decreased by 12% to $396 per MBF[10, 44, 46] Real Estate Segment - Rural land sales involved 15,636 acres at an average price of $3,280 per acre[10, 53, 55] - Development segment sold 55 residential lots at an average price of $138,938 per lot and 13 commercial acres at $532,942 per acre[10, 53, 57] Capital Allocation and Liquidity - Cash Available for Distribution (CAD) was $118.5 million for the trailing twelve months[10] - The company maintains a strong liquidity position with $388 million available and a net debt to enterprise value of 23.1%[11]

Core Points - Monteverde & Associates PC is investigating PotlatchDeltic Corporation's proposed sale to Rayonier Inc., where PotlatchDeltic shareholders will receive 1.7339 common shares of Rayonier for each share of PotlatchDeltic [1] - Upon completion of the transaction, PotlatchDeltic shareholders will own approximately 46% of the combined company, raising questions about the fairness of the deal [1] Company Information - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has recovered millions for shareholders [1] - The firm operates from the Empire State Building in New York City and has a successful track record in trial and appellate courts, including the U.S. Supreme Court [2] Contact Information - Contact details for Juan Monteverde, Esq. include an office located at the Empire State Building, New York, NY, with a phone number of (212) 971-1341 [3]

Core Viewpoint - Rayonier Inc. has agreed to acquire PotlatchDeltic Corp. in an all-stock transaction valued at approximately $3.4 billion, creating one of the largest publicly traded timber and wood products companies in North America [1] Group 1: Deal Structure and Financial Implications - PotlatchDeltic shareholders will receive 1.7339 shares of Rayonier for each share they hold, representing a 7.8% premium to PotlatchDeltic's closing price [2] - Rayonier shareholders will own 54% of the new entity, with Mark McHugh continuing as president and CEO, while Eric Cremers will serve as executive chairman for 24 months post-deal closure [6] Group 2: Market Context and Industry Conditions - The acquisition announcement coincides with the implementation of President Trump's tariffs on imported lumber and wood products, aimed at bolstering domestic manufacturing [3] - Lumber futures have recently hit a seven-month low due to high interest rates and increased costs, leading to reduced demand for new homes, with some suppliers describing current market conditions as the worst ever [4] - Eric Cremers noted that the tariffs, along with lower interest rates and an improved housing market, are expected to help raise prices in the future [5] Group 3: Corporate Structure and Location - The new company will have its corporate headquarters in Atlanta, Georgia, with significant regional offices in Spokane, Washington, and Wildlight, Florida [7]

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. ...