8 result(s) displayed (1 - 8 of 8):

Proxy prelim: CF wins Terra board seats (from Corporate Dealmaker)

Hostile acquirer CF Industries Holdings Inc. (NYSE:CF) is closer to getting its target, rival fertilizer maker Terra Industries Inc. (NYSE:TRA), which voted out its chairman according to a preliminary proxy count in New York. On Friday, CF said all three of its director nominees were elected to Terra's board. Chairman...

Posted on November 20, 2009 2:45 PM

CF Industries left to tango with Terra (from Corporate Dealmaker)

Putting to rest what some thought was a weak attempt at a hostile bid, CF Industries Holdings Inc. (NYSE:CF) rejected the best and final offer of Canadian fertilizer rival Agrium Inc. (NYSE:AGU). Agrium raised the cash portion of its bid from $40 per share to $45 per share. The stock...

Posted on November 6, 2009 9:08 AM

Terra rejects CF Industries' latest bid (from Corporate Dealmaker)

On Tuesday, hostile bidder CF Industries Holdings Inc. (NYSE:CF) sent a letter directly to Terra Industries Inc. (NYSE:TRA) telling it to vote in favor of the three proposed independent nominees to Terra's board on Nov. 20. CF Industries pointed out its new $4.1 billion offer for the fertilizer rival...

Posted on November 4, 2009 8:47 AM

CF Industries sweetens Terra bid (from Corporate Dealmaker)

Here's another update in a three-way fertilizer M&A battle. Deerfield, Ill.-based CF Industries Holdings Inc. (NYSE:CF) is now offering to acquire Terra Industries Inc. (NYSE:TRA) for $32 in cash and .1034 of a share of CF Industries common stock for each Terra share (including the $7.50 per share special dividend...

Posted on November 1, 2009 9:15 PM

Agrium unfazed, CF 'distracted' (from Corporate Dealmaker)

Undaunted by constant rejections, Agrium Inc. (NYSE:AGU) extended its hostile $4.1 billion bid for CF Industries Holdings Inc. (NYSE:CF) from Aug. 19 to Sept. 22. And Agrium president and CEO Mike Wilson reissued a statement: "Despite the fact that CF continues to ignore a clear mandate to conclude a transaction,...

Posted on August 17, 2009 2:40 PM

CF Industries gains steam with antitrust nod (from Corporate Dealmaker)

As it expected, CF Industries Holdings Inc. (NYSE:CF) said the Hart-Scott-Rodino premerger waiting period for its hostile $3.7 billion (The Deal questions that value) offer for Terra Industries Inc. (NYSE:TRA) has expired. Terra's board said it will consider CF's latest proposal at a meeting to be held prior to the...

Posted on August 6, 2009 9:14 AM

Will Agrium raise CF Industries bid? (from Corporate Dealmaker)

Deerfield, Ill.-based fertilizer maker CF Industries Holdings Inc. (NYSE:CF) said it is prepared to raise its twice-rejected takeover offer for Terra Industries Inc. (NYSE:TRA), a producer of nitrogen fertilizer, crop protection products, seed and services for farmers. The new offer is valued at about $3.7 billion.Two things come to...

Posted on August 5, 2009 1:06 PM

Potential buyers for Athabasca Potash (from Corporate Dealmaker)

Apparently there's big money in potash, a key crop nutrient. Athabasca Potash Inc. is even pursuing an ambitious multibillion dollar project -- known as the Burr Project -- to mine the stuff but needs an alliance partner to help foot the bill.The Canadian company said it received a lot of...

Posted on July 16, 2009 3:20 PM