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Slide #30. 734 Agriculture and Arlon Group — Majority Interest in Alico, Inc.
734 Agriculture and Arlon Group
Majority Interest in Alico, Inc. (NASDAQ:ALCO)
734 Agriculture, LLC and Alico, Inc. (Nasdaq:ALCO) announced today that affiliates of 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, completed the previously announced acquisition of approximately 50.5 percent of Alico's outstanding voting stock from Atlantic Blue Group, a family owned holding company.
Strong Buy (4.00 out of 4)
(ranked higher than approx. 99% of all stocks covered)
Based on Zacks ABR data;
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