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Article: CF Industries Comments on Terra's Rejection of Proposal.
- Article from:
- Business Wire
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DEERFIELD, Ill. -- CF Industries Holdings, Inc. (NYSE: CF) today commented on Terra Industries Inc.'s (NYSE: TRA) rejection of CF Industries' proposal to acquire Terra for $32.00 in cash and 0.1034 of a share of CF Industries common stock for each share of Terra common stock (including the $7.50 per share special cash dividend declared by Terra).
CF Industries has made a full, fair and compelling offer, which provides Terra stockholders with certainty of value and closing. CF Industries is confident that Terra stockholders will show their support for its offer by voting for CF Industries' three highly qualified, independent nominees at Terra's annual meeting on ...