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Penton Media Buys Farm Progress for $79.9 Million

Farm Progress Sold, Boosting Penton’s Image

By , Farms.com

Farm Progress was sold for $79.9 million to Penton, a private U.S. company which is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund that’s sponsored by Wasserstein & Co., LP.

The acquisition purchase is from Australian company Fairfax Media. The deal was the result of Penton approaching Fairfax Media to purchase Farm Progress, seeing it as an attractive fit for the company’s overall vision and as a strategic asset.

"We've always had tremendous respect and admiration for Farm Progress and its products. We also have a clear, strategic commitment to grow our agricultural information business, and Farm Progress perfectly supports that goal," Penton CEO David Kieselstein said.

Farm Progress will remain at its headquarters in St. Charles, IL. The four Farm Progress events attracts more than 200,000 visitors annually from across the nation and internationally.


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Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

Video: Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

#CortevaTalks brings you a short update with Cereal Herbicides Category Manager, Alister McRobbie, on how to get the most out of Broadway® Star.

Significant populations of grassweeds, including ryegrass and brome, can threaten winter wheat yields. Spring applications of a contact graminicide, such as Broadway Star from Corteva Agriscience, can clear problem weeds, allowing crops to grow away in the spring.

Broadway Star (pyroxsulam + florasulam) controls ryegrass, sterile brome, wild oats and a range of broad-leaved weeds such as cleavers. It can be applied to winter wheat up until GS32, but the earlier the application is made, the smaller the weed, and the greater the benefit to the crop. Weeds should be actively growing. A good rule of thumb is that if your grass needs cutting, conditions are right to apply Broadway Star.

 

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