Archer Daniels Midland Company

Archer Daniels Rated Neutral By Citi After Rejection Of GrainCorp Deal

Archer Daniels Midland Company (NYSE:ADM) received a Neutral rating from Citi following its Graincorp Ltd (ASX:GNC) (OTCMKTS:GRCLF) dea'sl rejection by the Australian government.

David Driscoll of Citi doesn’t believe ADM would call for a massive share repurchase following the failed deal.

Archer Daniels was to acquire GrainCorp . . .

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