AG--AGCO--undervalued or under water? Message Board

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Non-Tech : AG--AGCO--undervalued or under water?

AG 17.20

-1.0%

Dec 24 12:59 PM EST

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To: kendall harmon who wrote ()	10/18/1999 9:01:00 PM
From: Arthur	of 43

Hay & Forage Industries RACINE, Wisc., Oct 18 (SNS) – Case Corp. (CSE), which is seeking regulatory approval to be acquired by New Holland N.V. (NH) of The Netherlands for $4.30 billion in cash, was approached by competitor Agco Corp. (AG) nearly two weeks with an informal offer to acquire its 50 per cent equity stake in jointly-held Hay & Forage Industries Inc. for undisclosed terms, a company source confirmed to Stark's News Service Interactive. Case has not yet responded to the informal Agco offer, another source acknowledged. The company reportedly believes it does not now need to shed its 50 per cent equity position in the hay and forage equipment-making firm. (more) This link is good until tuesday morning starks-news.com

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