VBV LLC and it’s subsidiaries, Indiana Bio-Energy, LLC and Ethanol Grain Processors, LLC, have approved a merger with Green Plains Renewable Energy. The next step in the merger is for Green Plains Renewable Energy shareholders to vote on the deal. The shareholder vote is scheduled for October 10th.

Some details about the plan, from Biofuels Journal:

Pursuant to the terms of the merger agreement, VBV and its subsidiaries will become wholly-owned subsidiaries of Green