CatchMark Timber Trust Inc - Ordinary Shares - Class A

NYSE:CTT   3:59:50 PM EDT
11.53
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4:00:00 PM EDT: $11.56 +0.03 (+0.26%)
Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Catchmark Announces Agreement To Sell 18,063 Acres Of Prime Oregon Timberlands To Roseburg Resources Co.

Published: 06/22/2021 21:08 GMT
CatchMark Timber Trust Inc - Ordinary Shares - Class A (CTT) - Press Release - Catchmark Announces Agreement to Sell 18,063 Acres of Prime Oregon Timberlands to Roseburg Resources Co.
Catchmark Timber Trust Inc - Deal for $100 Million in Cash, Or Approximately $5,536 per Acre.
Catchmark Timber Trust Inc - Expects to Recognize a Gain on Sale in Excess of $20 Million in Q3 of 2021.