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December 12, 2012
18:18 EDTADMArcher 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.”
News For ADM From The Last 14 Days
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August 4, 2015
11:04 EDTADMArcher Daniels' deal for Meiweiyuan Biotechnology falls through, Reuters reports
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07:02 EDTADMArcher Daniels reports Q2 adjusted EPS 60c, consensus 66c
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August 3, 2015
14:34 EDTADMArcher Daniels volatility elevated into Q2 and outlook
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13:51 EDTADMArcher Daniels technical comments ahead of results
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06:05 EDTADMArcher Daniels completes sale of chocolate business to Cargill for $440M
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July 29, 2015
10:00 EDTADMOn The Fly: Analyst Downgrade Summary
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06:49 EDTADMArcher Daniels downgraded to Neutral from Buy at Citi
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