AgriFORCE Provides Update On Acquisition Of Berry People; Extends Closing Date Until End Of August To Allow Both Parties More Time To Complete Certain Closing Conditions
Portfolio Pulse from Benzinga Newsdesk
AgriFORCE has provided an update on its acquisition of Berry People, extending the closing date until the end of August to allow both parties more time to complete certain closing conditions.
July 14, 2023 | 12:32 pm
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AgriFORCE's acquisition of Berry People has been delayed until the end of August to allow for the completion of certain closing conditions.
The delay in the acquisition of Berry People by AgriFORCE could potentially cause uncertainty among investors, which may impact the stock price. However, the delay is for the completion of closing conditions, which is a common occurrence in acquisitions. Therefore, the short-term impact on AGRI's stock price is neutral.
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