Potlatch to buy Deltic, create 2 million-acre timber giant
Story Date: 10/24/2017

 

Source: WINSTON-SALEM JOURNAL, 10/23/17


Potlatch is buying Deltic Timber Corp. in a stock deal, creating a company with nearly 2 million acres of woodlands in the South and Pacific Northwest. Washington-based Potlatch and Arkansas-based Deltic Timber said Monday PotlatchDeltic Corp. would be valued at more than $4 billion, including $700 million in net debt. The combined company will have 1,500 employees.

For more of this story, click here.


























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.