GLG News Analyses of the following article:
Nitrogen Wars: Bidding for & by Agrium, CF, and Terra
Published at: online.wsj.com
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Market Favors CF in Nitrogen War
November 18, 2009
The market has a low return for CF buying Terra and it is much lower than an Agrium tender. Thus the market thinks CF will win in this war. Cash is King. ...but it could take another year to get enough Board members to vote a solution.
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