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Minnesota Agricultural Giant Invests in St. Louis-Based Feed Company.
Byline: Thomas Lee
May 19--Cargill Inc., a large Minnesota agriculture company, has purchased a 5.3 percent stake in Purina Mills Inc., according to a document the company filed Friday with the Securities and Exchange commission. The purchase sets the stage for what could become a bidding war for the St. Louis-based maker of animal feed.
Cargill's move comes as Purina Mills considers an acquisition offer from an unnamed suitor. Analysts had suspected Cargill to be a potential buyer, along with Land O'Lakes, a farmer-owned cooperative in Minnesota. Ed McMillan, a former Purina Mills president and chief executive, has also been mentioned as a candidate. …
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- Bid-Stakes Investors Disclose Holdings of Purina Mills.
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Newspaper article from: St Louis Post-Dispatch (MO)
May 31, 2001
700+ words
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- Land O' Lakes buys Purina Mills.(Brief Article)
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Newspaper article from: The Daily Deal
June 18, 2001
700+ words
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- Koch Industries to Buy Purina Mills.(Originated from The Wichita Eagle, Kan.)
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News wire article from: Knight Ridder/Tribune Business News
Painter, Steve McMillin, Molly
November 23, 1997
700+ words
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- Purina Mills tight-lipped about offer.(Brief Article)
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Newspaper article from: The Daily Deal
Anderson, Katie
June 12, 2001
700+ words
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- Purina Mills soars on mystery bidder.(Brief Article)
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Newspaper article from: The Daily Deal
June 1, 2001
700+ words
