The Andersons Signs LOI To Purchase An Ownership Interest In Skyland Grain; Under The Terms Of The Letter Of Intent, The Andersons Has Been Granted Exclusivity While The Parties Work In Good Faith To Negotiate A Definitive Agreement; No Financial Terms Disclosed
The Andersons, Inc. (NASDAQ:ANDE) and Skyland Grain, LLC have signed a non-binding letter of intent for The Andersons to purchase an ownership interest in Skyland, operating in South Central and Southwest Kansas, Northwest Oklahoma, Eastern Colorado, and Texas.