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Posted on Jul 20, 2024

Archer Daniel Midland (ADM) wants to acquire AgriCorp to augment its ethanol.manufacturing capability. AgriCorp wants the transaction to be tax-free for itsshareholders. ADM wants to

Archer Daniel Midland (ADM) wants to acquire AgriCorp to augment its ethanol.manufacturing capability. AgriCorp wants the transaction to be tax-free for itsshareholders. ADM wants to preserve AgriCorps significant investment tax credits andtax loss carryforwards so that they transfer in the transaction. Also, ADM plans on sellingcertain unwanted AgriCorp assets to help finance the transaction. How would youstructure the deal so that both parties objectives could be achieved?

ADM is headquartered in Chicago Illinois. Thankyou

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