AGRICULTURE
- Share via
<i> Times Staff and Wire Reports</i>
French Firm Buys American Maize: Eridania Beghin-Say of Paris has agreed to acquire American Maize-Products Co. for about $430 million, ending a six-month takeover battle for the corn-processing and tobacco company. Eridania first tried to acquire Stamford, Conn.-based American Maize in January, offering $32 a share. The new purchase agreement is for $40 a share. American Maize shares surged $5 after the announcement to close at $38.75 in heavy trading on the American Stock Exchange.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.