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Firm Attempts Hostile Takeover Of The Andersons

toledoblade.com

Ohio-based retailer The Andersons is fighting a potential hostile takeover bid.  A New York company,  HC2 Holdings, is offering to purchase the Maumee-based retailer for nearly 1 billion dollars in cash.  The retailer rejected the offer. The Andersons was approached about a buyout in January, but said the offer was too low. The owners have said they do not want to sell.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.