change the corporate structure and, after a special shareholders' meeting in June, AU became a wholly owned subsidiary of the Saskatchewan Wheat Pool. AU's CEO, Brian Hayward, resigned, as did the Board of Directors, and SaskPool's CEO and Board were voted in. SaskPool had Agricore United's common and preferred shares delisted from the Toronto Stock Exchange (TSX) on June 20, 2007, and the members of the senior management team for the amalgamated company were announced the next day. As of June 29, no decision had been reached on the name or location of the new company, and it was expected to take about 12 months to complete the merging of the company's operations. As a result of the acceptance of the SaskPool offer, JRI received a $35 million termination fee and was able to purchase a number of AU's grain and farm supply facilities; Cargill Canada was able to make a similar purchase, as part of a pre-merger deal width SaskPool to satisfy Canada's Competition Bureau. AU employees, along with the grain and farm supply inventories at the affected facilities, were transferred to the purchasing companies. It is generally believed within the Canadian agricultural industry that the biggest winners in the transaction were AU's shareholders, with SaskPool paying too much for AU, and that SaskPool gave up too many facilities to their competitors. Substantial number of head office employees are expected to be laid off once the integration of the two companies is complete. On August 30, 2007, the company formerly known as Agricore United ceased to exist and Saskatchewan Wheat Pool was rebranded to be known as Viterra. Operations Grain handling and merchandising Agricore bought, marketed and transported grain, oil seeds and other special crops from the farm to end-use markets using the company's network of grain elevators from Manitoba to British Columbia and ownership/interest in port terminals in Vancouver, Thunder Bay and Prince Rupert. The grain was moved from the farmer's field to the company's geographically dispersed and strategically located country elevator network. Grain was then shipped to a domestic, U.S. or Mexican customer, such as a flour mill, crushing plant, feed mill or maltster, or to a port terminal for export to end-use customers in Europe, South America, the Pacific Rim, Africa and the Middle East. Crop production services The company sold more crop inputs in western Canada than any other company. This included manufacture, distribution and