Rayonier paying $3.25 billion for PotlatchDeltic in ‘merger of equals’

Rayonier’s pre-merger shareholders will own 54% of the combined company.

  • By Mark Basch
  • | 5:20 a.m. February 5, 2026
  • | 0 Free Articles Remaining!
Wildlight-based Rayonier Inc. says it is merging with Spokane, Washington-based PotlatchDeltic Corp. and moving the company's headquarters to Atlanta. The companies said they will maintain “significant regional offices” in Wildlight and Spokane. Above is Rayonier's Nassau County offices in Wildlight.
Wildlight-based Rayonier Inc. says it is merging with Spokane, Washington-based PotlatchDeltic Corp. and moving the company's headquarters to Atlanta. The companies said they will maintain “significant regional offices” in Wildlight and Spokane. Above is Rayonier's Nassau County offices in Wildlight.
  • Columnists
  • Basch Report
  • Share

While the companies are describing the deal as a merger of equals, Rayonier Inc. is paying $3.25 billion to shareholders of PotlatchDeltic Corp. after completing the deal Jan. 30.

Continue reading your article
with a JAX Daily Record subscription.
What's included:
  • ✓ Unlimited digital access to JaxDailyRecord.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed printed newspaper every Thursday
Subscribe

Already subscribed? Sign in.

 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.