Lindsay Acquires FieldWise; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Lindsay Corporation has acquired FieldWise, a company specializing in providing agricultural producers with innovative solutions. The terms of the deal were not disclosed.
July 31, 2023 | 9:03 pm
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Lindsay Corporation has expanded its portfolio by acquiring FieldWise. The financial terms of the deal were not disclosed.
Acquisitions often lead to an increase in the stock price of the acquiring company in the short term, as it is seen as a sign of growth and expansion. However, the lack of financial details about the deal makes it difficult to assess the full impact on Lindsay Corporation's financials.
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