Green plains announces offer to acquire green plains partners lp

Omaha, neb.--(business wire)--green plains inc. (nasdaq:gpre) today announced it has submitted a proposal to the board of directors of green plains holdings llc, the general partner of green plains partners lp (nasdaq: gpp) (“the partnership”), to acquire all of the publicly held common units of the partnership not already owned by green plains inc. in a stock-for-unit exchange. subject to negotiation and execution of a definitive agreement, green plains inc. is proposing consideration of 0.391.
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