Rayonier announced the closing of its merger with PotlatchDeltic Corporation, creating a combined company that owns over four million acres of timberland across the United States. The new company operates six sawmills, an industrial-grade plywood mill, and is involved in real estate development and rural land sales. The senior leadership team features balanced representation from both companies, with Mark D. McHugh serving as President and Chief Executive Officer. The Board of Directors includes five legacy directors from each company, with Eric J. Cremers as Executive Chairman. The combined company will initially retain the Rayonier name and trade under the ticker symbol "RYN," with plans to announce a new name and ticker symbol later in the first quarter of 2026.

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