Fight Over Agri-GSE Could Spread to Housing System
September 9, 2004
A plot involving the potential acquisition of an agricultural GSE by a foreign bank got a little more interesting last week as a sister member of the Farm Credit System announced its own plan to keep the departing enterprise from going private. AgStar Financial Services said it was upping the ante by $50 million to purchase Farm Credit Services of America, which had accepted a $600 million takeover bid from Netherlands-based Rabobank. FCS America is one