National retailer acquires Moberly-based Orscheln Farm and Home abc17news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc17news.com Daily Mail and Mail on Sunday newspapers.
Tractor Supply Co. said Wednesday that it has acquired Orscheln Farm and Home in a $297 million all-cash transaction, net of acquired estimated future tax benefits of $23 million. Orscheln Farm and Home is a 60-plus-year-old family-operated midwestern retailer with 167 stores in 11 states, including Missouri, Nebraska and Texas. Tractor Supply stock rose 1.3% in Wednesday premarket trading, and has gained 65% over the last year. The S&P 500.
WASHINGTON (dpa-AFX) - Tractor Supply Company (TSCO) has entered into an agreement to acquire Orscheln Farm and Home in an all-cash transaction for approximately $297 million, net of acquired