CatchMark Timber Trust Inc. announced Sept. 13 that, at the special meeting of stockholders, pproved the merger of CatchMark .with and into a wholly owned subsidiary of PotlatchDeltic Corporation
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.
WASHINGTON (dpa-AFX) - PotlatchDeltic Corporation (PCH), a forest products company, and CatchMark Timber Trust, Inc. (CTT), a real estate investment trust or REIT focused on prime timberlands,
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.