WILDLIGHT, Florida — Rayonier reported third quarter net income attributable to Rayonier of $43.2 million on revenues of $177.5 million. This compares to net income attributable to Rayonier of $28.8 million on revenues of $124.1 million in the prior year quarter. The third quarter results included a $7.0 million asset impairment charge. Excluding this item and adjusting for pro forma net income adjustments, net income was $50.2 million. This compares to pro forma net income of $11.1 million in the prior year period. …Mark McHugh, President and CEO, “On October 14, we announced a merger of equals with PotlatchDeltic. …The transaction is expected to close in late first quarter or early second quarter 2026.”