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Archer-Daniels-Midland Co V.ADM


Primary Symbol: ADM

Archer-Daniels-Midland Company is a human and animal nutrition company. The Company is an agricultural supply chain manager and processor. It operates through three business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The Ag Services and Oilseeds segment includes global activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds into vegetable oils and protein meals. The Carbohydrate Solutions segment is engaged in corn and wheat wet and dry milling and other activities. The Nutrition segment is engaged in the manufacturing, sale, and distribution of a range of ingredients and solutions, including plant-based proteins, natural flavors, flavor systems, natural colors, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, botanical extracts, and other specialty food and feed ingredients.


NYSE:ADM - Post by User

Post by jvtayon Nov 08, 2012 12:54am
552 Views
Post# 20575091

BUYOUT for $.80/share by Hochschild

BUYOUT for $.80/share by Hochschild

Bummer..but at least better than nothing.  Sucks that Andina couldn't have had competent and connected mgmt that could have gotten something even bordering on reasonable per Au oz in ground.  Even its low grade will, IMO, prove very profitable as the POG rises.  But ADM got itself into a bind, and this is what happens.  I'd rather have Hochschild shares...unfortunately it's not public.  

 

Oh well...such is life on the TSX-V.  Better this than a slow death into nothing, though I always figured that at the least some company with the $$$ would buy them out on the cheap...and this is pretty cheap, but not as cheap as it could have been.

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