Cargill purchased Bunge's interest in Gramoven for $100 million, pursuant to a stock purchase agreement (the Agreement) dated November 4, 1998. Pursuant to section 2.04 of the Agreement, entitled "Post-Closing Audit and Adjustment," the purchase price was subject to a postclosing adjustment based on Gramoven's net worth as reflected in a "Closing Balance Sheet" to be prepared in accordance with Venezuelan generally accepted accounting principles, at Cargill's option and cost...
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