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CF Industries Rejects Another Agrium Takeover Bid
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NEW YORK (AP) — CF Industries Holdings Inc.'s board of directors has rejected another takeover bid from Agrium Inc., saying the offer undervalued the company.
CF turned down the deal Friday, four days after Agrium sweetened its offer to $40 in cash and one share of Agrium for each CF share.
Agrium had previously offered $35 and one share of Agrium per CF share. The Canada-based agricultural products company has been trying to buy CF for months, but its advances have been repeatedly rejected. ...
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