Andersons signs LOI to purchase interest in Skyland Grain

Andersons and Skyland Grain have signed a non-binding letter of intent for The Andersons to purchase an ownership interest in Skyland, operating in South Central and Southwest Kansas, Northwest Oklahoma, Eastern Colorado, and Texas. The Andersons has been granted exclusivity while the parties work in good faith to negotiate a definitive agreement. There can be no assurance that the parties will enter into a definitive agreement or that the proposed transaction will be completed.