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Friday, March 20, 2015

Andersons shares up after Bloomberg report hints Glencore interest, (NMS: ANDE)

Shares of U.S.-based agribusiness Andersons Inc jumped nearly 6 percent on Friday, outpacing others in the sector, after a Bloomberg report speculated that Glencore PLC could be interested in acquiring the company. The story mentioned Glencore's interest in expanding its agricultural assets. (Click on: here)

The Andersons, Inc. is a diversified agriculture company. Shares of ANDE traded higher by 5.78% or $2.29/share to $41.91. In the past year, the shares have traded as low as $38.65 and as high as $69.93. On average, 282533 shares of ANDE exchange hands on a given day and today's volume is recorded at 301589.