Viterra Sold!

[Daylate]

did richardson get any port facilities?

[RichFarmer]

Just a 25% share in Cascadia

[bucket]

Richfarmer

Where are you finding all the details of the agreement?

[Daylate]

I was hoping for a thunder bay terminal. U know how I like durum Rich! LOL

[Wheatking]

I am indifferent to this deal, but I am concerned with how this all played out.
Firstly with mayo denying any takeover attempts minutes before share trading was halted
because of a takeover. Then not allowing anyone else to make a bid on the company, why
not. Perhaps this is the best deal for Viterra and Canada but how will we ever know
when they didn't even let anyone else come to the table. I have a sneaking suspicion
that this may be the best deal for Mayo and the board, perhaps not so for the
shareholders. I am not entirely sure what it is yet but something doesn't pass the
smell test on this one.

I have yet to see an auction where someone paid to much for it when there was only one
bidder.

[ColevilleH2S]

Richardson got a Thunder Bay terminal.

I grow durum too, and my local Viterra is now a Richardson, so "Yea!" to them getting east facing port facility.

[rockpile]

I'm surprised no one has commented on Glencore.
Doesn't the name Mark Rich ring a bell?

[wilagro]

rockpile: So this new entity and its founder has a checkered past with CIA investigation and all. Very interesting reading indeed. Maybe this new control of Canadian grain marketing will indeed bare watching in the years ahead.

Turning control of a good portion of our grain marketing to International Corps may not be in Canada's interests in the long run...time will tell.

One thing for sure...this Harper government could care less or they would have piped up by now IMHO.

[BTO_farmall]

Line Herpie & Ritz Cracker Up, Got an AK in The Trunk, Empty The Clip, Roll The Window Up.... ****in Sellouts............

[Hopperbin]

hmmmmm

http://money.cnn.com/magazines/fortune/fortune_archive/1986/12/22/68457/index.htm