Potash Moves To Block BHP's Document Grab

Law360, New York (October 4, 2010, 6:05 PM EDT) -- Canadian fertilizer giant Potash Corp. of Saskatchewan Inc. asked a federal court Monday to reject BHP Billiton Ltd.'s requests for a wide range of documents, calling them a blatant attempt to gain an advantage in its $40 billion hostile takeover attempt.

Potash argued much of the information BHP is seeking has nothing to do with the case. BHP asked Potash to disclose what it thinks its stock is worth, as well as its assessment of BHP as a potential competitor in the potash industry, according to...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.