CF Industries pushes back deadline on Terra Industries bid

05/26/2009 | Forbes

In its continuing attempt to buy out Terra Industries, CF Industries Holdings said it will extend the expiration on its offer from June 12 to June 26. CF Industries raised the stakes in March, offering $30.50 for each Terra share. Meanwhile, CF Industries turned down another takeover bid from Agrium after Agrium sweetened its offer to $40 in cash and one share of Agrium for each CF share.

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