Andersons to acquire remaining 67.5% of Lansing Trade Group for $305M

The Andersons, Inc. announced it has signed a deal to acquire the remaining 67.5% of Lansing Trade Group (LTG) it does not already own for about $305 million in cash and stock. The deal will consolidate Thompsons Ltd., jointly owned by both firms.

“The cash-and-stock acquisition, valued at about $305 million, will give LTG shareholders about $175 million in cash and about $130 million in unregistered Andersons shares.”grainews.ca

• 1 source
• grainews.caGrain firms Andersons, Lansing to merge - GrainewsGFM Network NewsOct 15, 2018

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