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MA

Rayonier Inc. and PotlatchDeltic Corporation Announce Merger of Equals in Strategic Corporate Move

Rayonier Inc. has entered into a definitive merger agreement with PotlatchDeltic Corporation, marking a significant merger of equals. Under the terms of the agreement, PotlatchDeltic will merge into a wholly owned subsidiary of Rayonier, with a notable exchange ratio and cash component for shareholders.

In a landmark transaction, Rayonier Inc. (NYSE: RYN) has announced a merger agreement with PotlatchDeltic Corporation (NASDAQ: PCH) aimed at creating a combined entity that leverages the strengths of both companies. The merger, which was finalized on October 13, 2025, will see PotlatchDeltic merge into Redwood Merger Sub, LLC, a direct, wholly owned subsidiary of Rayonier, with the subsidiary surviving the merger. The financial terms of the deal stipulate that each share of PotlatchDeltic common...
USFM • Dec 10, 6:33 PM
CAP

Utah Eyes First-Ever PE Deal for College Football

The University of Utah is on the brink of a first-of-its-kind deal, teaming up with New York private-equity firm Otro Capital.

The University of Utah is on the brink of a first-of-its-kind deal, teaming up with New York private-equity firm Otro Capital. The plan? A brand-new LLC that would turn Utah’s football program into a for-profit enterprise. Bloomberg's Randall Williams reports on the move. (Source: Bloomberg)
Bloomberg Markets • Dec 10, 6:07 PM
CAP

WTA Lands Record Mercedes Mega-Deal

The WTA is locking in a blockbuster partnership with Mercedes-Benz with a multiyear deal that is set to become the largest sponsorship in women’s sports history.

The WTA is locking in a blockbuster partnership with Mercedes-Benz with a multiyear deal that is set to become the largest sponsorship in women’s sports history. The tour will be branded ā€œWTA Tour — Driven by Mercedesā€ starting in 2026, marking a major commercial leap for women’s tennis. WTA Ventures CEO Marina Storti talks about the deal on "Bloomberg Open Interest." (Source: Bloomberg)
Bloomberg Markets • Dec 10, 6:05 PM
CAP

Cracker Barrel Cuts Outlook Following Logo Backlash

Cracker Barrel Old Country Store Inc.

Cracker Barrel Old Country Store Inc. expects sales to fall faster than it previously forecast, showing the country-themed restaurant chain is still struggling following backlash to its failed logo change earlier this year. (Source: Bloomberg)
Bloomberg Markets • Dec 10, 5:57 PM
REG

Apple’s Cook Presses Congress Over Child Online Safety Bill

Apple’s Cook Presses Congress Over Child Online Safety Bill

Apple Inc. Chief Executive Officer Tim Cook met with US lawmakers on Wednesday to lobby against pending children’s online safety legislation that would require app store operators to authenticate users’ ages, pressing instead for an alternate version that puts the burden of protecting kids on parents.
Bloomberg Politics • Dec 10, 5:56 PM