Fertilizer Mergers in the Backstretch (CF, AGU, TRA)

Commodities & Metals

Published: April 13, 2009 7:38 am

Last Updated: April 27, 2020 9:20 pm

money-stack-image25 The proposed acquisition of CF Industries Holdings, Inc. (NYSE:CF) by Canadian firm Agrium Inc. (NYSE:AGU) is heading for the shareholders’ meeting on April 21st. CF Holdings has received an opinion from RiskMetrics Group, a risk management firm that now owns former Institutional Shareholder Services, supporting the re-election of CF’s three nominees to its board of directors.

The report may knock the wind out of Agrium’s recent letter to shareholders asking them to withhold votes for CF’s nominees. CF still insists that Agrium is trying to kill CF’s merger with Terra Industries Inc. (NYSE:TRA) and to acquire CF at a “bargain price.”

Adding to the mix, Terra will announce its earnings on April 21st. Terra also got a boost when Citigroup Inc. (NYSE:C) recently upgraded its stock, and CF’s, to ‘Outperform’.

Paul Ausick
April 13, 2009

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.