Recognized a net loss of $4.6 million, resulting primarily from fees and expenses related to the pending merger with PotlatchDeltic Corporation. Produced.
Recognized a net loss of $4.6 million, resulting primarily from fees and expenses related to the pending merger with PotlatchDeltic Corporation. Produced.
The combined company will have approximately 2.2 million Acres of diversified high-quality timberlands. It will remain the timber REIT with the most leverage to lumber prices.
PotlatchDeltic (PCH) and CatchMark (CTT) to Combine to Create a Leading Integrated Timber REIT streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Achieved $3.2 million of net income, or $0.07 per share, and Adjusted EBITDA of $14.8 million, 15% higher than prior year quarter. Increased year-over-year net.