(Reuters) - The combined company would be privately held, with James Richardson and Sons Ltd. the majority owner and Ontario Teachers' Pension Plan owning a significant minority stake, Agricore said.
Agricore said the all-cash bid of C$19.25 per share from Richardson, Canada's No. 3 grain handler, matches a competing offer that Saskatchewan Wheat Pool , the country's second-largest grain company, made last Friday.
Read more at Reuters.com Mergers News
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