This supplement to United Grain Growers Limited (A), (product 9B00N020) outlines the outcome of the hostile bid by two companies to purchase all the shares of United Grain Growers Limited. United Grain Growers' poison pill was challenged and upheld in court. Subsequently, one of the world's leading international agri-business companies made a large equity investment in Grain Growers preventing the hostile bid. Scotia Capital Markets is asked to assess the fairness of this new bid.
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