Corporate Report: May 4

  • By Business Observer Staff
  • | 5:08 p.m. May 8, 2012
  • Strategies
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Alico selling land in Frostproof to Griffin
Fort Myers-based Alico Inc. is selling two parcels of land totaling 4,020 acres in Polk County. The sales price of the two properties is $10.1 million in cash and will likely result in a pre-tax gain of $9.2 million in the third quarter of fiscal 2012.

 

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