USA: iFarm board seeks financial partner to purchase majority interest
The board of directors of B2B agricultural marketplace iFarm Inc is actively seeking financial partners to buy a majority interest in the company and its Internet based technology platform AgLogics , according to a press release issued yesterday. Chris Long, president and CEO of the Memphis, Tennessee-based iFarm, explained: "As part of an ongoing plan, the board has determined that iFarm has reached a point in its business development whereby it is a very valuable asset to strategic agribusiness investors."
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