Potlatchdeltic acquires timberlands in southern arkansas and northern louisiana

Spokane, wash.--(business wire)--potlatchdeltic corporation (nasdaq: pch) announced today a merger with loutre land and timber company (“loutre”). potlatchdeltic issued 1.96 million shares of common stock and assumed debt of $6.6 million in exchange for loutre's 51,340 acres of high-quality, well-stocked timberlands in southern arkansas and northern louisiana. key attributes of the loutre timberlands: stocking levels of approximately 90 tons per acre average age of the timber is greater than 40
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