CF bid for Terra turns hostile; company to nominate three to Terra board

摘要

CF Industries Holdings Inc. said Feb. 3 that it is moving ahead with its plans to merge with Terra Industries Inc. CF gave notice to Terra, in accordance with Terra's bylaws, that it will nominate independent directors to replace three members of Terra's board of directors at Terra's 2009 annual stockholders meeting. Terra said last week that it has not yet set the date for this meeting. The 2008 meeting was held in May.