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Article: United States: VBV LLC and Its Subsidiaries Approve Merger With Green Plains Renewable Energy, Inc.
- Article from:
- TendersInfo
- Article date:
- October 9, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
At separate meetings yesterday, the members of VBV LLC ("VBV") and its majority-owned subsidiaries, Indiana Bio-Energy, LLC of Bluffton, Indiana, and Ethanol Grain Processors, LLC of Obion, Tennessee, approved the previously-announced mergers with Green Plains Renewable Energy, Inc. a publicly-traded ethanol producer based in Omaha, Nebraska. Green Plains shareholders will vote on the merger proposal at a special meeting to be held on October 10, 2008. If Green Plains shareholders approve the transaction, closing is anticipated to occur late this month.
"VBV and its subsidiaries will be stronger as part of the combined Green Plains," told Todd Becker, ...
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