shares of catchmark timber trust inc jumped about 25 in premarket trading tuesday after the company agreed a takeover offer from rival realestate investment trust potlatchdeltic corp based on fridays closing prices the allstock deal values catchmark at 1288 a share a 55 premium to catchmarks share price as of the close of business on may 27 the companies said shares of catchmark jumped more than 25 to 1039 premarket the stock was down nearly 5 so far this year outperforming the sp 500s nearly 16 drop over the same period over the past 12 months shares of catchmark have fallen almost 31 write to will feuer at willfeuerwsjcom