CF raises bid for Terra; Agrium will rev up retail acquisitions once it conclydes CF deal

摘要

CF Industries Holdings Inc. announced on Dec. 7 that it has increased its offer for Terra Industries Inc. by $4.75 in cash per share, to a total of $4.6 billion. CF is now offering to acquire Terra for $36.75 in cash and 0.1034 of a share of CF common stock for each Terra share. The offer has a value of $45.91 per share, based on CF's closing price as of Friday, Dec. 4, 2009. The $36.75 cash portion of the offer includes the $7.50 per share dividend declared by Terra.