VeraSun Energy and US BioEnergy Announce Merger Agreement

BROOKINGS, S.D., and ST. PAUL, Minn. -- VeraSun Energy Corp. (NYSE: VSE) and US BioEnergy Corp. (Nasdaq: USBE) announced they have entered into a definitive merger agreement, which has been unanimously approved by the board of directors of each company. The merger is expected to close during the first quarter of 2008, pending shareholder approval, anti-trust regulatory clearance and the completion of other customary conditions. Link. Chart:VSE Chart:USBE