- The five farms total 3,552 acres and Gladstone Land (NASDAQ:LAND) has agreed to purchase them in three separate deals for a total of about $45M. Gladstone also has three more properties totaling about 2.3K acres for which it has signed non-binding letters of intent for about $39M.
- The company hopes to close the deals over the next couple of months, and -should that happen - it would increase total acreage owned by more than 50%.
- Press release
From other sites
at Nasdaq.com (Feb 12, 2015)
at Nasdaq.com (Jan 20, 2015)
at Benzinga.com (Jan 6, 2015)
at Benzinga.com (Dec 18, 2014)
at MarketWatch.com (Apr 12, 2014)
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