Farmland Partners (FPI), American Farmland (AFCO) Enter Merger Agreement
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Farmland Partners Announces Transformative, Accretive Merger With American Farmland Company
September 12, 2016 6:31 AM EDTDENVER, and NEW YORK, Sept. 12, 2016 /PRNewswire/ --Â Farmland Partners Inc. (NYSE: FPI) ("FPI") and American Farmland Company (NYSE MKT: AFCO) ("AFCO") jointly announced today that they have entered into a definitive agreement (the "Agreement") pursuant to which FPI has agreed to acquire all of the outstanding common stock of AFCO in a stock-for-stock transaction.
The combined company will be the largest public farmland REIT in the nation spanning more than 133,000 acres across 16 states, along both Coasts, the Midwest, the Plains and the Delta. The merger brings... More