Brief: State Of Florida Approves Option Agreement With Alico To Acquire Approximately 10,684 Acres Of Alico Ranch

Alico

28/05/2020 23:13

May 28 (Reuters) - Alico Inc  ALCO.O :
    * STATE OF FLORIDA APPROVES OPTION AGREEMENT WITH ALICO TO
ACQUIRE
APPROXIMATELY 10,684 ACRES OF ALICO RANCH
    * ALICO INC -  AGREEMENT GRANTS STATE OPTION TO PURCHASE
ABOUT
10,684 ACRES OF ALICO RANCH FOR ABOUT $28.5 MILLION UNDER
FLORIDA FOREVER PROGRAM
    * ALICO INC -  DECIDED TO SUSPEND PERMIT APPROVAL ACTIVITIES
FOR
WATER STORAGE PROJECT AT THIS TIME

Source text for Eikon:  ID:nPn7VFkqha 
Further company coverage:  ALCO.O 

 ((Reuters.Briefs@thomsonreuters.com;))