Melrose Industries won control of GKN in the face of significant interventions by major shareholders, customers in the aerospace sector who want long-term stability in their supply chain, and from the British government, winning the support of a slim majority of investors.
We all know what happens with too many cooks in the kitchen and no recipe to follow. This is also the case for a farming operation with multiple owners and no formal plan for governance or decision making.
The Shareholders of North American Tillage Tools Company doing business as Ingersoll Tillage Group (ITG)) has announced the closing of the acquisition of majority share capital of Corporacion Patricio Echeverria (CPE), completing the purchase agreement signed in December 2013.
Source: Reporting by Nick Zieminski, editing by Gerald E. McCormick, Dave Zimmerman
Microsoft Corp (MSFT.O) co-founder Bill Gates' investment vehicle Cascade Investment LLC has become the largest shareholder in farm machinery maker Deere & Co (DE.N), with a 5% stake, according to a regulatory filing.
Cervus Equipment Corp., one John Deere's largest retailers of John Deere farm equipment in Western Canada, announced that the board of directors of Cervus has approved a cash dividend to Cervus shareholders of $0.1875 per share for the third quarter of 2012.
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