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Rayonier and PotlatchDeltic Announce $8.2 Billion Merger to Create Timber Industry Leader
Two timber industry giants are joining forces in a landmark merger that reshapes North American forestry. The combined company will control massive timberland assets and manufacturing capacity amid volatile lumber markets.
The timber industry is witnessing a historic consolidation as Rayonier and PotlatchDeltic announced their merger in an $8.2 billion all-stock deal. This strategic combination creates one of the largest publicly traded timber and wood products companies in North America, positioning the new entity to better navigate the volatile lumber markets while achieving significant operational synergies.
Transaction Details and Shareholder Value
India’s Smartphone Market Shakeup: Samsung Loses Ground as Chinese Brands and Apple Surge
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OpenAI’s iPhone Killer Gains Independence as Microsoft Steps Back
Microsoft’s revised partnership with OpenAI excludes consumer hardware rights, clearing the path for Jony Ive’s AI device to potentially disrupt Apple’s iPhone dominance. The move signals a major shift in AI hardware strategy.