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CF Industries rejects sweetened Agrium offer

NEW YORK (AP) — CF Industries Holdings Inc. — with a plant in Donaldsonville — has rejected rival fertilizer maker Agrium Inc.’s sweetened takeover bid, saying the $4.5 billion bid significantly undervalues the company. Full Article at 2TheAdvocate.com

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  1. The Deerfield, Ill. , fertilizer outfit has, yet again, rejected a takeover bid from rival Agrium, saying that the proposed terms "substantially undervalue the company." Full Article at The Street

  2. Agrium’s offer “is not in the best interests of CF Industries and its stockholders,” Deerfield, Illinois-based CF said today in a statement. Agrium, based in Calgary, boosted the cash portion of its bid for CF to $45 a share from $40 yesterday. Full Article at Bloomberg.com

  3. CF Industries Holdings Inc. has rejected rival fertilizer maker Agrium Inc.'s sweetened takeover bid, saying the $4.5 billion bid significantly undervalues the company. Full Article at San Francisco Chronicle

  4. TORONTO/NEW YORK - Canada's Agrium Inc sweetened its hostile bid for U.S. rival CF Industries to $4.52 billion, the latest twist in a three-way takeover battle, but the offer failed to impress CF's investors and the company's shares fell 8.4... Full Article at International Business Times

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  1. Agrium president and CEO Mike Wilson waits to address the company's annual meeting in Calgary, Alberta, Canada, Wednesday, May 13, 2009.

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