Former Poultry-Business Owner Tommy Bagwell Buys Colorado Property for $39.9 Million

  • 📰 WSJ
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

A 4,860-acre ranch in Steamboat Springs, Colo., has sold for $39.9 million in an off-market transaction

.

Mr. Bagwell, 77, who lives on the shore of Lake Lanier in northern Georgia, said he bought the ranch to be a legacy property for his family, which includes four adult children, who all like to ski and fish. Christy Belton, owner of Ranch & Resort Realty, represented the sellers. Brian Hartley and Alex Maher of Live Water Properties represented the buyer.Mr. Bagwell sold American Proteins, a company his father started in the 1940s, for $875 million, including working capital. Mr. Bagwell took over the company in 1972 and led the company through a period of rapid growth. “I was in the right place at the right time,” he said. “The poultry industry had started moving into the Southeastern U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

😮that's like 4sumn thousand football fields

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Britney Spears’ Former Business Manager Involved in Creating Singer’s Conservatorship, Attorney SaysThe filing also alleges that the Louise 'Lou' Taylor-founded Tri Star Sports and Entertainment received at least $18 million from the conservatorship. Of course. Follow the money Guardianship is HUGE business in Australia also. Here our Governments are hunting us! I think it's safe to say TriStar took way more than $18 million dollars. You don't hide behind lawyers if you paid yourself the industry standard. Where's Britney's money, Lou? InvestigateLouTaylor britneyspears SwatTeamForBjs justiceforebritney The 'original motive' for the conservatorship was that the woman was on her way to being found dead in an alley somewhere. Why does no one seem to remember just how fucked up she was?! I know half the Free Britney crowd wasn't even alive at the time.
Source: THR - 🏆 411. / 53 Read more »