At Cargill, a resolve to remain private

  • Article by: MIKE HUGHLETT and CHRIS SERRES , Star Tribune
  • Updated: January 26, 2011 - 10:55 AM

Cargill's announcement last week that it will sell its large stake in Mosaic Co. headed off a foundation's proposal to take Cargill public.

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acidradioJan. 27, 11 9:19 AM

Of course they want to stay private. If they went public and had to open their books the world would quickly learn how much they are being fleeced by large agribusinesses like this one. Look at all the ridiculous subsidies we give towards certain ag products (ie. corn, ethanol, etc.) that goes right in the pockets of companies like Cargill, ADM and Monsanto. They are in so many highly profitable businesses that they have little need to raise outside capital anyways.

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drwilkowJan. 27, 1110:49 PM

Cargill: Vertical integration at work. They could someday control the U.S. food supply and hold us hostage.

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whartonmba1Mar. 9, 11 2:08 AM

Cargill has been private for over a hundred years, and is firmly controlled by that family. It now empoys over 131,000 people according to PrivCo.com (the private company financial data site) and pays substantial dividends to family members every year. Why should Cargill not want to stay a private company? Reference: http://www.privco.com/private-company/cargill-incorporated

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justicejudgeSep. 22, 11 2:19 AM

This family will rot in hell for all the evil they did to animals. They began the slaughterhouse horrors for animals. Burn forever More!

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