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Agrium Ups Hostile Bid For CF Industries To $4.5B

Law360, New York (November 05, 2009) -- Canadian agricultural giant Agrium Inc. has thrown all its cards on the table, boosting its hostile takeover bid for CF Industries Holdings Inc. to $4.52 billion in a last-ditch effort to snag the U.S. rival.

Agrium said Thursday it had increased its exchange offer to acquire all of CF’s outstanding shares to $92.99 per share based on Agrium’s closing stock price Wednesday....

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