date:Apr 17, 2014
bout-face on Tuesday, ADM said extensive negotiations with a potential buyer did not reach an outcome that met ADM's objectives, but it did not name any suitors.
Industry sources say that as cocoa prices have recovered from multi-year lows last summer, ADM may have haggled over the value of the business, estimated last summer to be worth $2 billion.
Potential antitrust issues also likely played a big role in talks too. The firms' bean processing operations in Europe would have drawn regulatory