|Bid||0.00 x 1300|
|Ask||0.00 x 800|
|Day's Range||96.06 - 103.62|
|52 Week Range||65.50 - 138.99|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Rayonier's (RYN) latest acquisition of Pope Resources is in sync with its strategy of adding high-quality timberlands in strong log markets.
Pope Resources, A Delaware Limited Partnership ("Pope Resources") (NASDAQ: POPE) announced today that its unitholders approved its previously announced merger with Rayonier. At the special meeting, approximately 99% of votes cast were voted in favor of the proposal to approve the merger, which represented approximately 72% of the outstanding units as of the record date. The unitholders also considered and approved a non-binding advisory vote regarding certain compensation to be paid to Pope Resources' named executive officers in connection with the merger. This non-binding proposal was approved by 98% of the votes cast, which represented approximately 71% of the outstanding units as of the record date.
Image source: The Motley Fool. Rayonier (NYSE: RYN)Q1 2020 Earnings CallApr 30, 2020, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome and thank you for joining Rayonier's first-quarter 2020 teleconference call.