Grain News

ADM Statement on GrainCorp Acquisition Bid Rejection

Date Posted: November 15, 2012

Decatur, IL—Archer Daniels Midland Company (NYSE: ADM) spokesperson Jackie Anderson issued Nov. 15 the following statement:

“We note GrainCorp’s response today to our proposal.

"On Oct. 19, we approached GrainCorp’s board with a proposal that represented a significant premium to the prevailing GrainCorp share price at the time of our approach.

"We believe it remains an attractive proposal.”

For more information, call 217-424-5413.

See Related Websites/Articles:

more GRAIN NEWS...