Agrium Offers $3.6 Billion For CF Industries

February 25, 2009 9:27 AM |

Agrium offered $3.6 billion in cash and stock to acquire CF Industries Holdings Inc. (NYSE: CF) with the condition that the fertilizer maker drop its bid to purchase Terra Industries Inc. (NYSE: TRA).  Shares of CF leaped $7.26 to $62.84 while Terra Industries stock eased 9 cents to $24.73.

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