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ADM Responds to GrainCorp

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Archer Daniels Midland Company (NYSE: ADM) spokesperson Jackie Anderson today issued the following statement:

“We note GrainCorp's (OTC: GRCLF) 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.”

See full press release

Posted-In: News Guidance Asset Sales Management Stock Split M&A Global

 

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