AGI shares closed up
The company did not identify who made the non-binding and conditional proposal to purchase the company, but said it determined the bid was not in the best interests of AGI or its shareholders.
AGI said it is not in talks with any third party, nor is there any agreement with respect to any proposal.
AGI makes farm equipment such as grain handling equipment and storage bins as well as steel buildings and structures.
The company has manufacturing facilities in
This report by The Canadian Press was first published
Companies in this story: (TSX:AFN)
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