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Staff reporter, Michael Vaughan, Vesna Poljak, Michael Smith
Ridley rejects GrainCorp
Ridley Corp, Australia's largest stockfeed maker, yesterday reiterated its rejection of a takeover offer from GrainCorp as inadequate and said it had no hope of success. Ridley released its target's statement in response to GrainCorp's all-scrip bid. Staff reporter
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