Archer Daniels Offers $2.8B For Aussie Rival GrainCorp

By Karlee Weinmann
October 22, 2012, 2:56 PM EDT

U.S.-based Archer Daniels Midland Co. lobbed a AU$2.7 billion (US$2.8 billion) bid at rival GrainCorp, the Australian agricultural commodities trader said Monday, paving the way for a deal that would further...

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