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Is MGP fued finished?

MGP industries ingredients(AP) — A feud between board members of MGP Ingredients Inc. in Atchison might be over, after the company’s board said it decided to continue with the current business strategy.

Members of the company’s founders had been fighting others on MGP’s board of directors since May, when the board announced it was reviewing strategic options.

The announcement prompted concerns among Atchison residents because reviewing strategic options often leads to a merger or sale of the company.

Board chairman John Speirs announced Friday that the board decided the best way to create value for shareholders was to continue with current strategy.

Karen Seaberg, granddaughter of the company’s founders, says that announcement settled the main point of the current proxy battle.

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