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Farm Journal Media to Acquire Remaining Stake in Commodity Update
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2014-10-13 21:48:34
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hbiden@rosemontseneca.com
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<html><head> <meta http-equiv="content-type" content="text/html;c=arset=ISO-8859-1"> <title></title></head> <body =ame="http:__www.agweb.com_aims_Agribusiness_images_stripe_bgd.gif" backg=ound="http://www.agweb.com/aims/Agribusiness/images/stripe_bgd.gif" link="#0000CC" bgcolor="white" text="black" alink="#FFCC00" vlink="#0 CC" spname="http:__www.agweb.com_aims_Agribusiness_images_stripe_bgd.g=f"><IMG src="http://open.mkt1847.com/open/log/47182555/MTU5MTYyNjUyMDYS1=0/NTQxNzIzNDQ5S0/1/0"><CENTER><FONT SIZE="1" COLOR="#000000" FACE="A=IAL">This message contains graphics. If you do not see the graphics, <A h="http://links.mkt1847.com/servlet/MailView?ms=NDcxODI1NTUS1&r=MTU=MTYyNjUyMDYS1&j=NTQxNzIzNDQ5S0&mt=1&rt=0">click here to view</A>.</F=NT><font face="ARIAL" color="#808080" size="2"><br></font></CENTER><=iv align="center"><a name="top" ></a> <br /> <table width="550" =order="1" cellspacing="0" cellpadding="0" height="0"> <tr> = <td bgcolor="#FFFFFF" align="center" valign="top" height="910">=table width="550" border="0" cellspacing="0" cellpadding="5" bgcol=r="#efefef"> <tr> <td height="9" bgcolor="#FFF" align="center" colspan="2"><div align="right"><img src='htt=://contentz.mkt1847.com/ra/2014/29506/10/47182555/Farm%20Journal%20Media.J=G' width="190" height="49" alt="" /></div></td> </tr> = </table><table width="550" border="0" cellspacing="0" cellpad=ing="5"> <tr> <td height="39" colspan="2"><b><font col=r="#000000" face="Arial, Helvetica, sans-serif" size="3"><u><br /> = <br /> For Immediate Release</u></font></b></td>= <td><div align="right"><font color="#000000" face="Arial, Helvet, sans-serif" size="2"><strong>For more information, =ontact:<br /> </strong> <br /> <strong>Mit=h Rouda</strong><br /> <b>President, eMedia<br /> = Telephone: (847) 318-0785</b><strong><br /> Email: =a name="mrouda_farmjournal_com" href="mailto:mrouda@farmjournal.com" >=rouda@farmjournal.com</a></strong><br /> </font></div></td= </tr> </table> <table width="550" border="0" cellspacing="0" cellpadding="5"> <tr> <td height="99" col=pan="2"><div align="center"><h2 align="center"><strong><br /> = Farm Journal Media to Acquire Remaining Stake in Commodity Upda=e; Enters Consulting Agreement with Founder Joel Jaeger=/strong></h2></div></td> </tr> <tr valign="center"> = <td width="100%" height="162" valign="middle"><p><em>Phielphia, PA </em>(October 13, 2014)—Farm Journal M=dia announces it will acquire the remaining outside interests = in Commodity Update, the leading mobile media company serving = agriculture. The transaction is expected to close by year's end. = Farm Journal acquired a majority stake in the company two y=ars ago. With the acquisition, Farm Journal further under=cores its dominant position in the mobile space.</p> = <p>While stepping down from day-to-day management of the company,= Commodity Update founder, Joel Jaeger, will remain connec to Farm Journal through a long-term consulting agreeme=t that allows the parties to contemplate future partnersh=ps that serve America's farmers and ranchers.</p> = <p>"Commodity Update is by far the leader in delivering vital = business information and marketing messages directly to far=ers' phones," said Mitch Rouda, President of Farm Jo=rnal eMedia. "Together with the launch of a new and =ore phone focused AgWeb, this move cements our leadership=position in this critical and dramatically expanding medi= channel."</p> <p>"I'm pleased to be able to posit=on the company's future and our superb group of employees=with a high-quality organization such as Farm Journal Media," comment=d Jaeger. "Commodity Update was a whim of a concept =y wife Christine and I hatched on our front porch back in 05 and grew to be the leading mobile information source=for more than 75,000 U.S. producers. With Farm Journal Me=ia's full backing, similar large-scale evolution will con=inue well into the future."</p> <p>"Commodity Upda=e brings an incredibly talented team and important mobilepabilities to our wide ranging portfolio of ways we com=unicate with farmers and ranchers," says Farm Journa= Media CEO Andy Weber. "We're excited to integrate t=e business fully with our other electronic assets and look forward = to continuing the relationship with an entrepreneur like Joel = on future opportunities in the ag-information space."</p= <p>Commodity Update will continue to operate out of its offs in Stillwater, Minn., working in concert with Farm Jo=rnal's eMedia division based in Rosemont, Ill.</p></td></=r> <tr bordercolor="2"> <td width="100%" height="65" align="left"><font face="Arial, Helvetica, sans-serif" size="="><b>About Farm Journal Media </b></font><br /> = Farm Journal Media is the nation's leading agricultural media company. = Its magazines are the 138-year-old flagship Farm Journal, Top=Producer, Beef Today, Dairy Today and Implement & Tract=r. The company produces and distributes "AgDay," =quot;U.S. Farm Report," "Corn College" and &=uot;Leave a Legacy" national TV programs, as well as s=ndicated radio shows, "AgriTalk," "Market Ra=ly" and "American Countryside." The company =roduces the industry-leading web portal AgWeb.com and dominates = mobile communications to producers through its Farm Journal Mobile = services, including Commodity Update. The company provides a na=ional peer-to-peer advisory program for executive farmers a=d ranchers called Top Producer Executive Network™. In 13, the company launched Machinery Pete LLC, and in 2014,="My Farm Radio," a 24/7 digital mobile radio chan=el. Farm Journal Media licenses detailed industry data thro=gh its FarmReach database, publishes the Pro Farmer and Lan=Owner newsletters, produces more than 60 live events each y=ar, and provides extensive custom-publishing services. = <p><font face="Arial, Helvetica, sans-serif" size="2"><b>Abo=t Commodity Update</b></font><br /> Found=d in 2006, Commodity Update is the leading provider of agricultural = information to mobile phones. The company delivers critical comm=dity market data and other information to the end user's =obile phone or other handheld device, arming decision mak=rs with information that is on target, in the field or anywhere. = </p></td> </tr> <tr valign="top"> = <td width="100%" height="65" align="left"><p align="center"><font=size="2" face="Arial, Helvetica, sans-serif">-30-</font></p></td> = </tr> </table></td> </tr> </table> <table width="550" cellspacing="0" cellpadding="10" border="0" align="center"=style="border-bottom: #5c9331 1px solid; border-left: #5c9331 1px solid;=border-top: #5c9331 1px solid; border-right: #5c9331 1px solid" id="disc=aimer"> <tr> <td style=font: 11px Arial, Helvetica, sans-serif; color: #666666"><p>You are receiv=ng this because you have opted to receive press release emails =rom the Farm Journal Media. You are subscribed as <strong><i>hbiden@rosemo=tseneca.com</i></strong>.</p> <p style="margin-botto=: 1em"><span style="font: 14px Arial Black, Helvetica, sans-serif; color= #313579">Contact Us<br /> </span>To ensure delivery to your inb=x (not bulk or junk folders), add <a target="_blank" href="=ailto:email@agwebb2b.messages4.com" style="color: #313579; font-weight:=bold; text-decoration: none" name="emailagwebb2bmessages4com"><i>email@a=webb2b.messages4.com</i></a> to your address book.</p> = <span style="font: 9pt Arial, Helvetica, sans-serif"> = <p align="center"><a name="cropcomments_agweb_com= href="mailto:cropcomments@agweb.com" style="color: #5c9331; font-weig=t: bolder; text-decoration: none" ></a><a name="www_agweb_com_Advertise_= href="http://links.mkt1847.com/ctt?kn=7&ms=NDcxODI1NTUS1&r=MTU5MT=yNjUyMDYS1&b=0&j=NTQxNzIzNDQ5S0&mt=1&rt=0" style="color: #5c9331= font-weight: bolder; text-decoration: none" >Interested in advertising wi=h <i>AgWeb.com</i>?</a> | <a name="emailmgr_agweb_com" href="mailto:em=ilmgr@agweb.com" style="color: #5c9331; font-weight: bolder; text-decora=ion: none" >Having email problems?</a></p> </span> = <p><span style="font: 14px Arial Black, Helvetica, sans-=erif; color: #313579">Manage Your Email</span><br /> I= you no longer wish to receive Press Releases from Farm Journal Media, ple=se <strong><a name="Press_Release_Opt_Out_LP_Link" href="http://links.=kt1847.com/ctt?kn=4&ms=NDcxODI1NTUS1&r=MTU5MTYyNjUyMDYS1&b=0&j=N=QxNzIzNDQ5S0&mt=1&rt=0" style="color: #313579; font-weight: bold; te=t-decoration: none" target="_blank">click here</a></strong> to uns=bscribe.</p> <p>If you received this email from a frie=d and wish to receive press release emails from Farm Journal Media, please=email us at <a href="mailto:bmcnamara@farmjournal.com?subjectrm%20J=urnal%20Media%20Press%20Releases" target="_blank" name="Press_Release_=equest_Email" >bmcnamara@farmjournal.com</a>.</p> <p><=p> <p style="margin-bottom: 1em"><span style="font= 14px Arial Black, Helvetica, sans-serif; color: #313579"><img width="36= height="34" border="0" src="http://www.agweb.com/assets/1/6/FJF_L=go.gif" alt="" />Farmers Feeding the World</span><br /> = The world needs to increase both hunger relief and food production. <a=name="www_agweb_com_farmersfeedingth" href="http://links.mkt1847.com/c=t?kn=1&ms=NDcxODI1NTUS1&r=MTU5MTYyNjUyMDYS1&b=0&j=NTQxNzIzNDQ5S0=mt=1&rt=0" style="color: #313579; font-weight: bold; text-decoration= none" >Farmers Feeding the World</a> is about agriculture coming together=to do just that. Join us in the effort. <a name="www_agweb_com_farmersfe=d_1" href="http://links.mkt1847.com/ctt?kn=9&ms=NDcxODI1NTUS1&r=MT=5MTYyNjUyMDYS1&b=0&j=NTQxNzIzNDQ5S0&mt=1&rt=0" style="color: #31W9; font-weight: bold; text-decoration: none" >Donate today.</a></p> = <p align="center"><span style="font: 10px Verd=na, Arial, Helvetica, sans-serif; color: #666">Copyright 2014 F=rm Journal Media<br /> 30 S. 15th Street, Suite 900, P=iladelphia, PA 19102<br /> (800) 320-7992 </span></p><=td> </tr> </table></div></body></html
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