National Stock Yards Company (OTC: NSYC) announced today that it has entered into an agreement to sell 100% of its ownership interest in Oklahoma National Stock Yards Company, a wholly owned subsidiary of National Stock Yards Company
The prospective purchasers have advised us that operations are expected to continue without significant changes, with the possibility of future improvements and upgrades.
As with any transaction of this nature, numerous conditions must be satisfied before a closing can occur and the transaction remains subject to certain net working capital and other contingencies and adjustments, purchaser due diligence, and other terms and provisions of the agreements. As such, there can be no assurance that this transaction anticipated to close in the 2026 calendar year will ultimately be completed.
The Company also remains under agreement with another purchaser for substantially all its East St. Louis property, an arrangement that has been in place for several months.
We are committed to keeping our shareholders informed and will provide additional information as developments occur.
For more information about Oklahoma National Stock Yards Company, please visit https://www.oknationalstockyards.com/about-us.
Investor Contact: office@okstockyards.com