Lindsay, Pessl Instruments Enter Strategic Partnership; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Lindsay Corporation (LNN) has entered a strategic partnership with Pessl Instruments to provide growers with enhanced access to water management solutions, aiming to improve efficiency and performance. Financial terms of the deal were not disclosed.
May 25, 2023 | 10:09 am
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Lindsay Corporation (LNN) has partnered with Pessl Instruments to provide improved water management solutions for growers, potentially boosting LNN's market presence.
The partnership between Lindsay Corporation and Pessl Instruments will provide growers with enhanced water management solutions, which could lead to increased demand for LNN's products and services. This may result in a positive short-term impact on LNN's stock price as the market perceives the partnership as a growth opportunity for the company.
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IMPORTANCE 75
RELEVANCE 100