Notable Mergers and Acquisitions of the Day 11/4: TRA/CF, RHB, VCGH - Street Insider

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Notable Mergers and Acquisitions of the Day 11/4: TRA/CF, RHB, VCGH
Nov 04, 2009 03:34 PM UTC

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TRA	n/a

Via StreetInsider.com News Articles:

Terra Industries Inc. (NYSE: TRA) announced that its Board of Directors, with the advice of its financial and legal advisors, has carefully reviewed CF Industries Holdings, Inc.'s (NYSE: CF) latest proposal to acquire Terra for the equivalent of $24.50 in cash (which equals the net value of CF's announced offer of $32.00 that will be reduced by Terra's previously declared $7.50 per share special cash dividend) and 0.1034 of a share of CF common stock, and unanimously rejected it as inadequate, opportunistic and not in the best interests of Terra and its shareholders.

In rejecting CF's latest proposal, the Board considered

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