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New building increases production capacity and creates new jobs SASKATOON, Saskatchewan--(EON: Enhanced Online News)--Littelfuse Startco recently celebrated the grand opening of its new facility in Saskatoon, Saskatchewan. Full Article at Boston Globe
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
Agrium CEO and President Michael Wilson speaks to shareholders during the company's annual general meeting in Calgary, Alberta May 13, 2009. View Photo »
noted that Agrium's offer represents substantially lower multiples of [earnings] than CF Industries' offer for Terra Industries.
CF Industries this week sweetened its offer for Terra Industries Inc. by adding cash to its offer which it now values at $40.61 per share, or an increase of 5% to the last offer that Terra had rejected. Full Article at Gerson Lehrman Group
NEW YORK 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. ,/p> CF Industries, which is based in Deerfield, Ill. , rejected the latest... Full Article at Chicago Sun-Times
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
Agrium CEO and President Michael Wilson (L) speaks to a shareholder during the company's annual general meeting in Calgary, Alberta May 13, 2009. View Photo »
Agrium's offer represents substantially lower multiples of EBITDA than CF Industries' offer for Terra Industries
CF Industries rejected the latest bid in a statement on Friday, a day after its Canadian rival had raised its unsolicited offer. Agrium has pursued Deerfield-based CF since February but has faced repeated rejections. Full Article at ChicagoBusiness.com
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
Agrium Inc. (NYSE: AGU TSX: AGU) is a major Retail supplier of agricultural products and services in North and South America, a leading global Wholesale producer and marketer of all three major agricultural nutrients and the premier supplier of specialty fertilizers in North America through our Advanced Technologies business unit. Full Article
Agrium CEO and President Michael Wilson speaks to shareholders during the company's annual general meeting in Calgary, Alberta May 13, 2009.
View Photo »Agrium CEO and President Michael Wilson (L) speaks to a shareholder during the company's annual general meeting in Calgary, Alberta May 13, 2009.
View Photo »Agrium CEO and President Michael Wilson speaks to shareholders during the company's annual general meeting in Calgary, Alberta May 13, 2009.
View Photo »Agrium CEO and President Michael Wilson speaks to shareholders during the company's annual general meeting in Calgary, Alberta May 13, 2009.
View Photo »Agrium CEO and President Michael Wilson speaks to shareholders during the company's annual general meeting in Calgary, Alberta May 13, 2009.
View Photo »Agrium CEO and President Michael Wilson speaks to shareholders during the company's annual general meeting in Calgary, Alberta May 13, 2009.
View Photo »Agrium president and CEO Mike Wilson waits to address the company's annual meeting in Calgary, Alberta, Canada, Wednesday, May 13, 2009.
View Photo »Agrium CEO and President Michael Wilson (L) speaks to a shareholder during the company's annual general meeting in Calgary, Alberta May 13, 2009.
View Photo »noted that Agrium's offer represents substantially lower multiples of [earnings] than CF Industries' offer for Terra Industries.
Agrium's offer represents substantially lower multiples of EBITDA than CF Industries' offer for Terra Industries
When you get someone like Burlington Northern or Agrium this morning missing it, it kind of exacerbates it, because people had been expecting a fairly good number.
We believe that the pending offer from Agrium creates enormous uncertainty both as to how to value CF's acquisition currency, which we believe is inflated as a result of Agrium‘s premium bid to acquire CF, and because we believe that CF shareholders are likely to prefer an Agrium transaction if they are...
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