Agrium commences cash and stock offer for CF;retailers voice opposition to Agrium/CF combo

摘要

Following the March 9 rebuff from CF Industries Inc.'s board of directors to its Feb.25 buyout proposal,Agrium Inc.on March 16 decided to take the 3.6 billion offer directly to CF shareholders.Agrium commenced an exchange offer on that date for all outstanding shares of common stock of CF Industries Holdings Inc.,providing for the same cash and stock consideration that was previously rejected by CF's board.