Farm Credit Services of America's board of directors has terminated an acquisition agreement between itself and Dutch banking cooperative Rabobank.Farm Credit Services of America's board of directors has terminated ter·mi·nate v. ter·mi·nat·ed, ter·mi·nat·ing, ter·mi·nates v.tr. 1. To bring to an end or halt: an acquisition agreement between itself and Dutch banking cooperative cooperative Organization owned by and operated for the benefit of those using its services. Cooperatives have been successful in such fields as the processing and marketing of farm products and the purchasing of other kinds of equipment and raw materials, and in the Rabobank
Rabobank (Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. . Rabobank said it had increased the purchase price offered to Omaha, Neb.-based FCSAmerica by $150 million to $750 million, which would have resulted in a significant additional payment to FCSAmerica's 51,000 stockholders. The price increase was 25 percent higher than the original purchase price contained in an acquisition agreement of July July: see month. 30. |
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