Farmers Edge Announces Fairfax Privatization Offer
Summary
Shareholders of the Company do not need to take any action at this time in respect of the proposal from Fairfax and should await further information and guidance from the Independent Committee and the Board. The special committee is in the process of retaining independent advisors, including for the purposes of preparing a formal valuation. Powered by a unique combination of connected field sensors, artificial intelligence, big data analytics, and agronomic expertise, the Company’s digital platform turns data into actions and intelligent insights, delivering value to all stakeholders of the agricultural ecosystem. Farmers Edge disruptive technologies accelerate digital adoption on the farm and beyond, protecting our global resources and ensuring sustainable food production for a rapidly growing population. Forward-looking information is based on a number of key expectations and assumptions made by Farmers Edge.
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