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John Hancock Sells Farmland to Bill Gates in Record Deal, Report Says

The deal marked the most expensive land sale in the U.S. year-to-date in 2018.

Boston-based financial services company John Hancock has reportedly sold more than 14,000 acres of farmland in Washington state to Microsoft Corp. co-founder Bill Gates for $171 million. The Land Report, a trade publication, reported late last week that the deal was the priciest land sale in the U.S. so far in 2018. The transaction closed in late August but was not made public until last week, according to the report.

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