Agricore shareholders approve merger with UGG
September 01, 2001
by Emily Wilson
Shareholders and delegates of Canada’s Agricore Cooperatives have voted strongly in favor of a merger plan to create Agricore United, a merger of the cooperative and United Grain Growers Ltd., Agricore officials announced recently.
Agricore president Neil Silver said the vote proved prairie farmers understood the potential for protecting their equity in a strong, competitive company.
The merger remains subject to Competition Bureau review plus other customary approvals.