After the second time in less than a week that Viterra has halted trading on the TSX, a process for the potential sale of the company has been established.
The press is speculating that $16 per share is the number to get in on the action. Viterra did not mention any names in their public statement. The Globe and Mail is reporting that Viterra has told suitors you need to bid $16 per share just to play.
If there's one thing expanding farming in Northern Ontario will require, it's money. Financial backing. Bankrolling. Investment. Whatever name you give it, securing land is only a part of the cost of starting farming — new land must be cleared, cleaned up, and tiled if it's to be improved to at least a Class 3.…Read more »