Man Involved In Small Farming Seeks Support For Business Merger
On behalf of The Law Office of Lynnette Ariathurai, A Professional Corporation posted in Mergers & Acquisitions on Monday, April 3, 2017.
Farming is said to have had its very beginnings in this nation in California and surrounding regions. To this day, the industry is considered the backbone of America, although many farmers face serious challenges trying to sustain their livelihoods. Especially where small farms are concerned, it is often the combined efforts of two or more enterprises that help build lasting and successful businesses. A farmer in another state is currently seeking support for a proposed business merger of this kind.
The man proposing the business merger has been farming since 1974. He said everything from equipment to methods and technology has greatly changed since his earliest days as a farmer. Some things, however, have remained consistent, such as tremendous financial support received through farm cooperatives like 1st Farm Credit Services.
The farmer now serves on the board of directors for that organization. He and his colleagues have proposed a merger with two other farm cooperative service groups. Those in support of the merger say it will have an overall positive effect on current and future clients, as well as agriculture and rural towns as a whole.
There are reportedly at least 10,000 stockholders in 1st Farm Credit Services in Illinois where the merger has been proposed. Many small farmers in California likely relate to the need for local farmers to help each other stay afloat against the often crushing pressures of Big Ag and government. Consulting with an experienced business and commercial law attorney would be a logical decision when seeking assistance in addressing the legal ramifications of a prospective merger.
Source: saukvalley.com, "Please support merger of Farm Credit co-ops", Michael R. Pratt Dixon, March 29, 2017