While Agrium continues to describe our efforts in simplistic campaign terms, it will soon be time to turn to the harder business of maximizing value for shareholders. These are the ideas we have been focused on this entire campaign, as embodied in the 5 C's of opportunity for Agrium: Costs, Controls, Capital Allocation, Conglomerate Structure and Corporate Governance. In none of these areas would we be able to force change; change will only come through building consensus with the full Agrium board about the best path forward for all Agrium shareholders.As for Agrium's comments this morning, we do not view attempting to purchase an election as a 'distraction' and it is the height of arrogance to criticize us for not raising earlier something that the company kept hidden. We raised it when we learned of it, and if the board wished to avoid discussing vote buying it should not have pursued it. It is also only one example of the need for change at Agrium. Fortunately, that change is coming soon."
JANA Partners Reminds Agrium Shareholders To Vote The BLUE Proxy Or VIF Before Tomorrow, April 5 At 9am Eastern Time
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