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FTC Asks CF For More Information On Terra Takeover

Stock quotes in this article: CF , TRA  

DEERFIELD, Ill. (AP) — CF Industries Holdings Inc. on Thursday said it received a request for additional information from the Federal Trade Commission regarding its proposed buyout of Terra Industries Inc.

The company said this is a routine step that gives the FTC an additional 30 days to review the transaction after CF complies with the second request.

In a statement Thursday CF said it "remains confident that the transaction will be approved in all relevant jurisdictions." ...

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