and testimony of Brittney Jones. Seller operates the Headwaters Livestock Auction in Three Forks, Montana.

2. Buyer is Wheatland Livestock, LLC. Master Purchase and Sale Agreement dated June 30, 2026. Wheatland Livestock, LLC, is owned by Cassidy Jo Brunner, Daryn Cederberg, and Jon Kamps. Id. and testimony of Cassidy Jo Brunner, Daryn Cederberg, and Jon Kamps.
3. The owners of Buyer have extensive experience in the livestock business, including operations at a livestock market. Testimony of Cassidy Jo Brunner, Daryn Cederberg, Jon Kamps, and Leif Arthur.
4. Seller and Buyer have entered into a Master Purchase and Sale Agreement that includes the real property on which the Headwaters Livestock Auction operates. Master Purchase and Sale Agreement dated June 30, 2026. Buyer intends to operate the Headwaters Livestock Auction on the same real property where Seller currently operates. Petition to transfer market certificate dated July 2, 2026.
5. Brittney Jones, Cassidy Jo Brunner, Daryn Cederberg, and Jon Kamps testified that the documents submitted as application materials and supplements were true and accurate copies of the information contained in the originals, and the application materials and supplements were admitted into the record.
6. Jay Bodner testified that the Department was satisfied that the Buyer and Seller had submitted all materials required for an application for a transfer of a market certificate and that the materials submitted satisfied the statutory requirements.
7. Witnesses for both Seller and Buyer testified in support of the transfer. Leif Arthur, who is not a party to the transaction, testified about Buyer's experience and in support of the transfer.