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Andersons Inc (ANDE.OQ)

ANDE.OQ on NASDAQ Stock Exchange Global Select Market

33.85USD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Aandersons Inc. reports Q1 loss per share of $0.11
Wednesday, 3 May 2017 04:35pm EDT 

May 3 (Reuters) - Andersons Inc :Andersons Inc reports first quarter results.Q1 loss per share $0.11.Q1 revenue $852 million versus i/b/e/s view $918.4 million.Q1 earnings per share view $0.14 -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.14, revenue view $918.4 million -- Thomson Reuters I/B/E/S.  Full Article

Andersons Inc enters amended loan agreement for $800 mln credit facility- SEC filing
Monday, 17 Apr 2017 11:11am EDT 

April 17 (Reuters) - Andersons Inc : :Entered into sixth amended, restated loan agreement dated as of April 13, 2017, for credit facility in amount of $800 million - SEC filing.  Full Article

Andersons enters agreement to sell farm center locations in Florida
Monday, 6 Mar 2017 08:00am EST 

Andersons Inc : The Andersons enters into agreement to sell farm center locations in Florida . Has signed an agreement to sell its farm center locations in Florida To Wedgworth's Inc. of Belle Glade, Florida . Florida Farm centers are not strategically aligned with locations in Eastern corn belt . Andersons' products will continue to be available to customers in region through a distribution agreement with Wedgworth's .Andersons - agreement includes real estate & assets owned by co at Zellwood, Clewiston, Lake Placid as well as assets & operations located in Immokalee.  Full Article

The Andersons reports Q2 earnings per share $0.51
Wednesday, 3 Aug 2016 04:05pm EDT 

Andersons Inc : The Andersons, Inc. Reports second quarter results . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.51 . Says revenues of $1.1 billion for q2 of 2016 compared to revenues of $1.2 billion .First half of year was challenging, in line with expectations, due to poor crop last fall in eastern corn belt.  Full Article

Andersons says board to evaluate HC2 letter and latest proposal
Friday, 3 Jun 2016 04:15pm EDT 

Andersons Inc : in a letter to HC2 - board to consider letter and latest proposal and evaluate whether it is in best interests of company .The Andersons sends letter to HC2.  Full Article

HC2 raises proposal for Andersons' rail, grain and ethanol businesses to $1.15 bln
Thursday, 2 Jun 2016 05:43pm EDT 

Hc2 Holdings Inc : Hc2 submits second letter to The Andersons, Inc. Regarding potential acquisition . Raises alternative proposal to $1.15 billion for rail, grain and ethanol businesses . Hc2 Holdings Inc says reiterating both its offer to acquire Andersons for $37 per share in cash or a total purchase price of $1.043 billion ."we strongly urge company's management and board of directors to engage with us and undertake an exploration of strategic alternatives".  Full Article

Andersons Inc rejects unsolicited proposal from HC2
Wednesday, 18 May 2016 08:19am EDT 

Andersons Inc : The Andersons rejects unsolicited proposal from HC2 . Rejected two non-binding, highly conditional, unsolicited proposals from HC2 Holdings, Inc. . "HC2's claim that Andersons did not substantively respond to its $37 per share offer" is false . Deutsche Bank is acting as financial advisor and Kirkland & Ellis is acting as legal advisor to Andersons. . "believe HC2's proposals ignore our value and prospects as a standalone entity" ."HC2's letter dated May 17, 2016 contained numerous inaccuracies and misleading statements".  Full Article

HC2 Holdings submits letter to Andersons Inc regarding potential acquisition
Tuesday, 17 May 2016 05:58pm EDT 

HC2 Holdings Inc : HC2 submits letter to the Andersons Inc. regarding potential acquisition . Letter states "continued desire" to acquire Andersons for $37 per share in cash . Letter states "continued desire" to acquire Andersons for total purchase price of $1.043 billion, plus assumption of $402 million in debt .HC2 submits letter to the Andersons Inc. Regarding potential acquisition.  Full Article

The Andersons Inc increases Dividend for First Quarter 2016
Wednesday, 4 Nov 2015 04:01pm EST 

The Andersons Inc:Increased Q1 from 14 cents to 15 1/2 cents per share.Next planned dividend to be paid on January 25, 2016 to holders of record as of January 4, 2016.  Full Article

The Andersons Inc announces management change
Wednesday, 9 Sep 2015 09:00am EDT 

The Andersons Inc:Announced that its Board of Directors has appointed Pat Bowe, formerly Corporate Vice President of Cargill, Inc., to succeed Mike Anderson as President and Chief Executive Officer, effective Nov. 2, 2015.Anderson will remain as the Company's Chairman of the Board.  Full Article

BRIEF-Aandersons Inc. reports Q1 loss per share of $0.11

* Q1 earnings per share view $0.14 -- Thomson Reuters I/B/E/S