US Lumber Giants Agree to Combine in $7.1 Billion Deal
US Lumber Giants Agree to Combine in $7.1 Billion Deal
Rayonier Inc. and PotlatchDeltic Corp. agreed to combine their businesses, creating a major US timberland owner and lumber manufacturer with a market capitalization of $7.1 billion.
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(Bloomberg) — Rayonier Inc. and PotlatchDeltic Corp. agreed to combine their businesses, creating a major US timberland owner and lumber manufacturer with a market capitalization of $7.1 billion.
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