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Orscheln Farm to be purchased by Tractor Supply

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Brentwood, Tennessee-based Tractor Supply Co. agreed to purchase Moberly-based Orscheln Farm and Home.

The all-cash transaction is valued at $297 million.

Tractor Supply, which operates more than 1,900 stores in 49 states, is slated to pick up around 165 stores in 11 states through the acquisition of Orscheln.

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