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News Breaks | | | | December 12, 2012 | | 18:18 EDT |  | ADM | Archer Daniels isues statement regarding GrainCorp response to proposal
Archer Daniels issued the following statement: “We note GrainCorp’s response today to our revised proposal. On Dec. 3, we approached GrainCorp’s board of directors with a revised proposal of A$12.20 a share in cash. (...) when combined with the dividend of A$0.35 per share announced on Nov. 15, our revised proposal represented a total value to GrainCorp shareholders of A$12.55 a share. (...) Our proposal offered more certainty, greater value and immediate realization of potential future value for GrainCorp shareholders than GrainCorp’s stand-alone plan. We intend to consider all our options with respect to GrainCorp and our 19.9 percent shareholding.” | |
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News For ADM From The Last 14 Days Check below for free stories on ADM the last two weeks. |
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| June 18, 2013 | | 06:43 EDT |  | ADM | White House says president would veto House farm bill, Politico reports
The White House warned yesterday that President Obama would veto the farm bill that the House is considering, according to Politico. The White House objects to cuts in food stamps in the bill, and wants to cut crop insurance subsidies instead, the website stated. Reference Link | | | June 11, 2013 | | 07:05 EDT | | ADM | Senate passes farm bill, Politico reports
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