NORTHLAND CRANBERRIES BUYS 3 MARSHES TOTALING 286 ACRES

WISCONSIN RAPIDS, Wis. -- Northland Cranberries here has reported it has acquired three Wisconsin cranberry marshes totaling 286 cultivated acres.The transaction, which cost $18 million in cash and promissory notes, and 62,500 shares of Northland Class A common stock, includes 1,800 acres of support land, the 1994 crop, buildings, equipment and approximately 150 acres that can be used for future expansion.Northland

WISCONSIN RAPIDS, Wis. -- Northland Cranberries here has reported it has acquired three Wisconsin cranberry marshes totaling 286 cultivated acres.

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