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October 24, 2017

Potlatch to buy Deltic Timber Corp.

EL DORADO, Ark. (AP) — 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.


 
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