PotlatchDeltic and CatchMark Complete Merger
PotlatchDeltic (Nasdaq: PCH) successfully completed the merger with CatchMark Timber Trust, Inc. in September 2022, creating a leading integrated timber REIT.
The combination brings together two high quality timberland REITs resulting in PotlatchDeltic owning nearly 2.2 million acres of diversified timberlands, including 626,000 acres in Idaho and over 1.5 million acres in strengthening markets in the U.S. South. The transaction also combines two successful and complementary real estate businesses.