Alico Inc. Subsidiary, Agri-Insurance Co. Ltd., Completes Sale of 488 Acres Adjacent to Florida Gulf Coast University.Business Editors LABELLE Labelle' (with the b written in small caps, while the spelling LaBelle exclusively refers to the stage surname of the group's lead vocalist, Patti LaBelle) was an American R&B/soul group, who successfully melded disco with funk and glam rock, resulting in such , Fla.--(BUSINESS WIRE)--July 31, 2000 Ben Hill Griffin III, chairman and chief executive officer of Alico Inc. (ALCO) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ALCO), announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Agri-Insurance Co. Ltd., has completed the sale of 488 acres adjacent to Florida Gulf Coast University About FGCU History The newest university in the State University System of Florida, the school was established by then-governor Lawton Chiles in 1991, although the site of the university wasn't chosen until 1992, and construction pushed back even further still (until , to Miromar Development. The sales price of the property was $10.6 million. "This sale represents another significant step towards completing the University Village concept," said Griffin. "We are confident that Miromar Development will continue to enhance the university environment." |
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