BKBH Assists in Largest Ranch Deal in Montana’s History
The BKBH Real Estate team would like to congratulate our client, Matador Cattle Co., a subsidiary of Koch Industries, which recently sold its property, Beaverhead Ranch, to Rupert Murdoch and his wife Jerry Murdoch in the largest ranch sale in Montana’s history. The 340,000 acre ranch is located in Southwest Montana near Yellowstone National Park and was originally purchased more than seven decades ago by Fred Koch.
Attorneys at BKBH represented the seller and worked with their out-of-state legal counsel to finalize the deal which, was reported by The Wall Street Journal to be valued at approximately $200 million, and is the largest ranch deal in both size and price.
Speaking through a spokesperson to The Wall Street Journal, Murdoch said, “This is a profound responsibility. We feel privileged to assume ownership of this beautiful land and look forward to continually enhancing both the commercial cattle business and the conservation assets across the ranch.”