Embattled Stock Prices Force Bunge and Corn Products Merger off the Table
Embattled Stock Prices Force Bunge and Corn Products Merger off the Table
SUGAR LAND--November 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--The proposed merger of Bunge Limited (NYSE:BG) (White Plains, New York) and Corn Products International Incorporated (NYSE:CPO) (Westchester, Illinois) has been terminated. Corn Products withdrew a recommendation to pursue the acquisition as both companies watched the value of their shares tumble from when the merger was announced on June 23.
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