's corporate offices in El Dorado will be the company's southern operational headquarters, and the new board will have eight directors from Potlatch and four from Deltic
still has to put forward a firm offer or walk away by 5pm on October 10 under City takeover rules.
Background: In addition to heading Deltic
, based in El Dorado.
said that it has been granted access to Revolution's accounts, which may lead to it tabling another proposal.
Upon completion of the transaction, Deltic
will hold 100% of the membership interest in the Arkansas limited liability company, which owns and operates a medium density fiberboard plant in El Dorado, Arkansas.
Auctioneer John Anderson said: "The Deltic
diesels have a cult following.
At its meeting held following the stockholders' meeting, the Board of Directors of Deltic
Timber Corporation (NYSE: DEL) acted to declare a quarterly dividend of $0.
As of March 1, he owned 93,604 shares of Deltic
Timber stock worth about $6 million.
was able to increase the harvest volume of both pine sawtimber and pulpwood because of the favorable logging conditions during the current-year period.
28, gave immediate ownership of the Deltic
land to Smith's Little Rock Municipal Property Owners' Multipurpose Improvement District No.
Online replays of the call will be available through the Deltic
website, and a recording of the call will be available until Tuesday, May 1, by dialing 1-888-286-8010 and referencing replay passcode identification number 39241642.
The city attorney's position is the stretch of Gordon Road in question was converted to a private drive as part of Deltic
developing the southern loop of Chenal Valley Drive.