Friday, November 6, 2009
CF Rejects Agrium, Again
CF Industries has announced that it has rejected Agrium's latest and supposedly "final" takeover bid. Agrium's latest offer for CF totaled $4.5 billion. The bid was increased to $92.99 per share in both cash and stock. CF still believes that Agrium is undervaluing their company and therefore unwilling to accept these offers.