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Corn Products International Notifies Bunge Ltd. of Intent to Change Recommendation of Merger Agreement With Bunge.

Publication: Mergers & Acquisitions Week
Publication Date: 19-NOV-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Corn Products International, Inc. (NYSE:CPO) announced that it notified Bunge Limited (NYSE:BG) on November 4, 2008 of its Board of Directors' intent to withdraw its recommendation in favor of adoption of the previously announced merger agreement with Bunge and recommend against adoption of the merger agreement.

Pursuant to the merger agreement, which will remain in effect until terminated in accordance with its terms, the Board of Directors of Corn Products may withdraw or...

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