Limoneira (LMNR) disclosed in a regulatory filing Thursday that a buyer terminated a deal to purchase an 80% undivided tenant-in-common interest in the company's Paso Robles, California real estate parcels.
Peak Holdings, LLC walked away from the April 14 agreement on June 15, reclaiming its $500,000 escrow deposit under the contract's due diligence termination provision, the company said.