CF Industries (CF) Receives Letter from Agrium (AGU) Proposing $72/Share Hostile Bid
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CNBC's David Faber is reporting that CF Industries (NYSE: CF) has received a letter from Agrium (NYSE: AGU) launching a hostile bid for the company. According to sources, Agrium has offered CF a bid of $72 per share, totaling $3.6 billion.
StreetInsider note: CF currently has its own hostile bid out for Terra Industries (NYSE: TRA).
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