Limoneira (LMNR) to Explore Strategic Alternatives to Maximize Value
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Limoneira Announces Process to Explore Strategic Alternatives to Maximize Value
December 1, 2023 9:14 AM ESTSANTA PAULA, Calif.--(BUSINESS WIRE)-- Limoneira Company (the Company or Limoneira) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced that its Board of Directors (the Board), with the support of management, has commenced a process to explore potential strategic alternatives aimed at maximizing value for stockholders. As part of this process, the Board is exploring a range of potential alternatives including, but not limited to, a sale of all or parts of the Company, merger, and other potential strategic transactions.... More
