Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: New Constructs, LLC
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: S&P Capital IQ Quantitative Report
$115.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

734 Agriculture And Arlon Group Purchase Majority Interest In Alico, Inc; Announces Officer Changes


Friday, 18 Oct 2013 08:40am EDT 

734 Agriculture, LLC and Alico, Inc announced that 734 Agriculture, a private investment company owned and controlled by Remy W. Trafelet and George R. Brokaw, in partnership with Arlon Group, a global food and agriculture investment firm founded by Continental Grain Company, have entered into definitive agreements under which an affiliate of 734 Agriculture will acquire approximately 50.5% of Alico's outstanding voting stock from Atlantic Blue Group, a family owned holding company. The all cash transaction values the majority stake in Alico at $37 per share, for a total purchase price of $137.8 million. The transaction is scheduled to close during the fourth calendar quarter of 2013, subject to limited customary closing conditions. Upon close of the transaction, Clay G. Wilson is expected to replace JD Alexander as Chief Executive Officer of Alico. Mr. Wilson currently serves as Chief Executive Officer of 734 Citrus Holdings, LLC and Silver Nip Citrus, companies also owned and controlled by 734 Agriculture. 

Company Quote

37.9
-1.23 -3.14%
4:00pm EDT