Alico, Inc. Completes Initial Closing Under Lee County, FL Sales Contract

FORT MYERS, Fla., July 25, 2012 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO) (the "Company" or "Alico"), a land management company, announced today that its wholly-owned subsidiary, Alico-Agri, Ltd., reached an agreement with Private Equity Group, LLC ("PEG") to sell three parcels of land in…

Alico, Inc. Announces Second Quarter and Six Months of Fiscal Year 2012 Financial Results

Second Quarter Gross Profit Increased 76.5% Compared to Second Quarter Last Fiscal Year FORT MYERS, Fla., May 10, 2012 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO) ("Alico"), a land management company, today announced financial results for the second quarter and six months ended March 31,…

Alico, Inc. Announces Fiscal Year 2012 Third Quarter Dividend

FORT MYERS, Fla., May 2, 2012 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico") (ALCO - News), a land management company primarily engaged in a variety of agribusiness pursuits, announced that its Board of Directors, at a meeting held on April 27, 2012, declared a third quarter cash dividend in the…

Alico, Inc. Announces the Sale of 4,020 Surplus Acres in Polk County, FL for $10.1 Million

FORT MYERS, Fla., April 23, 2012 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO - News) ("Alico"), a land management company, announced today the cash sale of two parcels of land totaling 4,020 acres in Polk County, FL. The sales price of the two properties is approximately $10.1 million and…

Troutman Agrees to Dismiss Shareholder Derivative Lawsuit Against Alexanders

FORT MYERS, Fla., April 2, 2012 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO - News) ("Alico"), a land management company, today announced the settlement of the shareholder derivative action complaint. The shareholder derivative action complaint was originally filed by Baxter Troutman…

Alico, Inc. Announces Appointment of JD Alexander as Full-Time Chief Executive Officer and President

FORT MYERS, Fla., March 14, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Alico, Inc. (Nasdaq:ALCO - News) ("Alico"), a land management company, today announced the appointment of JD Alexander as its full-time Chief Executive Officer and President, effective April 2, 2012. Mr. Alexander has…

Alico, Inc. Announces Fiscal Year 2012 Second Quarter Dividend and Election of Directors

FORT MYERS, Fla., Feb. 21, 2012 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO) (the "Company), a land management company primarily engaged in a variety of agribusiness pursuits, announced that its Board of Directors, at a meeting held on February 17, 2012, declared a second quarter cash dividend…

Alico, Inc. Announces First Quarter Results of Fiscal Year 2012

Gross Profit Increased 122.3% Quarter-Over-Quarter FORT MYERS, Fla., Feb. 9, 2012 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO) ("Alico"), a land management company, today announced financial results for its fiscal year 2012 first quarter that ended December 31, 2011. Fiscal Year 2012 First…