Agreserves: St. Joe Announces Sale Closed to AgReserves for $562 Million
The St. Joe Company (NYSE: JOE) today announced that it closed on the sale of approximately 380,000 acres of the Company’s non-strategic timberland and rural land in Northwest Florida to subsidiaries of AgReserves, Inc.
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Agreserves is a Utah-based agriculture company that grows products such as potatoes, onions, carrots, sweet corn, and row crops.
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