Lumber Giants Strike $7.1B All-Stock Deal, Creating Second-Largest U.S. Timberland Owner With 4.2M Acres

Rayonier and PotlatchDeltic will merge in a $7.1B all-stock deal, forming the second-largest U.S. timberland owner with 4.2M acres. The merger benefits from rising lumber demand and Trump’s 10% softwood import tariff.