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Agricore Forms Panel

It faces a hostile bid from the Saskatchewan Wheat Pool.

Agricore United named a special committee of independent directors to evaluate a hostile offer by Saskatchewan Wheat Pool.

The Winnipeg, Manitoba, grain combine said the Special Committee engaged Scotia Capital and Blair Franklin Capital Partners as financial advisers, and Davies Ward Phillips & Vineberg as legal adviser.

The panel will review all alternatives available to Agricore United in light of the hostile offer, including the alternative of continuing as a stand-alone company.

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