CF Industries (CF) Comments on Agrium's (AGU) Most Recent Bid
Down)
CF Industries Holdings, Inc. (NYSE: CF) confirmed today that it has received another revised proposal from Agrium Inc. (NYSE: AGU) regarding an acquisition of CF Industries. CF Industries noted that Agrium's offer represents substantially lower multiples of EBITDA than CF Industries' offer for Terra Industries Inc. (NYSE: TRA).
CF Industries' board of directors will in due course review the latest revised proposal.
Morgan Stanley and Rothschild are acting as financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal counsel to CF Industries.
CF Industries' board of directors will in due course review the latest revised proposal.
Morgan Stanley and Rothschild are acting as financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal counsel to CF Industries.
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