Green Plains to Sell Agribusiness Assets to The Andersons
Green Plains Renewable Energy, Inc. (Nasdaq: GPRE) announced today that it has entered into an asset purchase agreement to sell 12 grain elevators located in northwestern Iowa and western Tennessee to The Andersons, Inc. (Nasdaq: ANDE). The sale involves approximately 32.6 million bushels, or 83%, of the Company's reported agribusiness grain storage capacity and all of its agronomy and retail petroleum operations.
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