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Terra Industries sees no signs of running out of breath in the Forever War. The fertilizer maker announced Sunday evening that it had rejected a merger agreement offered up by CF Industries Holdings. Full Article at Dealbook
The battle in the fertilizer industry continued Monday as Agrium Inc. (NYSE: AGU) vowed to continue its pursuit of CF Industries Holdings Inc. (NYSE: CF), while CF resubmitted its buyout offer to Terra Industries Inc. Full Article at TransWorldNews
noted that Agrium's offer represents substantially lower multiples of [earnings] than CF Industries' offer for Terra Industries.
NEW YORK (TheStreet) -- In the latest chapter of the Fertilizer Wars, Terra Industries(TRA Quote) has retrenched in its effort to thwart a hostile takeover bid from CF Industries'(CF Quote) -- or, possibly, Terra is simply starting off the negotiation... Full Article at The Street
D.R. Horton, Inc. (NYSE:DHI) reported a net loss of $0.73 per diluted share compared to a net loss of $2.53 per diluted share last year. analysts average -0.30. DHI misses by $0.43. Full Article at Feed the Bull
The nearly yearlong, three-way takeover dance by the rival fertilizer makers Terra Industries, CF Industries Holdings and Agrium continued on Monday after Terra seated three CF elected directors on its board but rejected CF’s offer as inadequate. Full Article at Dealbook
Agrium's offer represents substantially lower multiples of EBITDA than CF Industries' offer for Terra Industries
Today, as Agrium Inc. promised to continue its pursuit of CF Industries Holdings Inc. , CF resubmitted its buyout offer to Terra Industries Inc. , only to have it immediately rejected. infoequitiesmagazine.com Last... Full Article at TransWorldNews
The fertilizer wars persisted on Monday as Agrium Inc. vowed to continue its pursuit of CF Industries Holdings Inc. , while CF resubmitted its buyout offer to Terra Industries Inc. , only to be promptly rejected. Full Article at San Francisco Chronicle
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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
We are already seeing a pickup in takeovers and mergers. Just last week, CF Industries, the fertilizer company, upped its bid for rival Terra Industries. The new offer is worth $200 million more and is mostly cash. Also last week, Denbury Resources offered $50 per share for Encore Acquisition about $15 ...
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