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The transaction is expected to close within seven days.
Deal Type Acquisition Sub-Category Asset Purchase Deal Status Announced: 2009-10-27
Deal Participants
Target (Company) Ranchview, Inc. - Assets Acquirer (Company) Raven Industries, Inc. Vendor (Company) Ranchview, Inc.
Deal Rationale
The acquisition fits with Raven's strategy to improve the movement and use of data in agriculture and it provides a simpler solution for providing RTK (Real Time Kinematic) corrections.
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