American Maize merger.STAMFORD, Conn.--(BUSINESS WIRE)--July 12, 1995--As previously announced, on July 10, 1995, American Maize-Products Company (ASE-AZE) received a proposal from Eridania Beghin-Say, S.A. to acquire the Company at a price of $40 per share in a merger transaction. In response to recent press articles indicating that the Company and Eridania had already reached an agreement, American Maize announced today that no agreement has been reached at this time. American Maize's Board of Directors has, however, determined to enter into negotiations with Eridania and to explore other alternatives. CS First Boston First Boston Corporation was a New York-based investment bank, founded in 1932 and acquired by Credit Suisse in 1988, when it became 'CS First Boston'. Globally referred to as Credit Suisse First Boston after 1996, the First Boston part of the name was phased out in 2006. Corporation, American Maize's financial advisor, will assist the Company in its evaluation of the Eridania proposal and other alternatives. American Maize, based in Stamford, Connecticut Stamford is a city in Fairfield County, Connecticut, United States. According to 2006 Census Bureau estimates, the population of the city is 119,261, making it the fourth largest city in the state. , produces corn sweeteners and a variety of specialty food and industrial starches at plants in Hammond, Indiana Hammond (IPA: [ˈhæ.mənd]) is a city in Lake County, Indiana, United States. It is part of the Chicago metropolitan area. The population was 83,048 at the 2000 census. ; Decatur, Alabama and Dimmitt, Texas. The Company also produces cigars and smokeless tobacco smokeless tobacco, n chewing tobacco (leaves) or tobacco powder (snuff) that allows the nicotine to be absorbed through the mucous membrane of the oral cavity or digestive tract. It is related to a high risk of oral cancer. products at plants located in Jacksonville, Florida and Wheeling, West Virginia Wheeling is a city in West Virginia, in the United States. Most of the city is in Ohio County, with a small part in Marshall County. It is the county seat of Ohio CountyGR6. . CONTACT: American Maize-Products Company, Stamford Edward P. Norris, C.F.O., 203/356-9000 |
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