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Notable Mergers and Acquisitions of the Day 11/5: AGU/CF, SNI, RX

 Nov 05, 2009 03:48 PM UTC
Return Risk
+9.67% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CF n/a
AGU n/a

Graphic_arrow1 Via StreetInsider.com News Articles:  

  • Agrium Inc. (NYSE: AGU) today announced that it is increasing its exchange offer to acquire all of the outstanding shares of CF Industries Holdings, Inc. (NYSE: CF) to $92.99 per CF share based on Agrium's closing stock price on November 4, 2009. Under the terms of this best and final offer, CF stockholders would receive $45.00 in cash, an increase of $5.00, or 12.5 percent, in the cash consideration, and one common share of Agrium for each CF share.

    This offer provides a premium of over 67 percent to CF's closing price on February 24, 2009, the day before Agrium announced


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