|Bid||125.25 x 1000|
|Ask||125.59 x 2900|
|Day's Range||124.77 - 126.35|
|52 Week Range||64.01 - 138.99|
|Beta (5Y Monthly)||0.34|
|PE Ratio (TTM)||182.33|
|Earnings Date||Nov. 05, 2019|
|Forward Dividend & Yield||4.00 (3.16%)|
|Ex-Dividend Date||Nov. 27, 2019|
|1y Target Est||15.00|
NEW YORK, NY / ACCESSWIRE / January 17, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
Rayonier's (RYN) latest deal to acquire Pope Resources (POPE) comes as part of its strategy of adding high-quality timberlands in strong log markets.
NEW YORK, NY / ACCESSWIRE / January 15, 2020 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Pope Resources, A Delaware Limited Partnership ...
Rayonier Inc. ("Rayonier") (NYSE:RYN) and Pope Resources, A Delaware Limited Partnership ("Pope Resources") (NASDAQ:POPE) announced today that they have entered into a definitive merger agreement under which Rayonier will acquire all of the outstanding limited partnership units of Pope Resources for consideration consisting of equity and cash. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies as well as the special committee of Pope Resources’ board composed solely of independent directors, Pope Resources unitholders will have the right to elect to receive (i) 3.929 common shares of Rayonier, (ii) 3.929 units of Rayonier Operating Partnership LP, or (iii) $125 in cash in exchange for each unit of Pope Resources, subject to a proration mechanism as described below. Based on Rayonier’s 10-day volume-weighted average price, the transaction values Pope Resources’ limited partnership equity at $554 million, or $126.91 per unit (assuming 70% of the Pope Resources units are exchanged for equity consideration and 30% are exchanged for cash consideration).