Agrium, Jana Fail To Compromise As Proxy Battle Looms

Law360, New York (February 12, 2013, 1:39 PM EST) -- The battle for control over Canadian fertilizer company Agrium Inc. continued on Tuesday after New York-based activist investor Jana Partners LLC, the company's single largest shareholder, blasted it for appointing its own new directors despite a call for a board shakeup.

In its latest public critique of the company, Jana blasted the company for on its own adding a pair of agriculture industry veterans to the board, bypassing the investor's calls to pepper in a slate of Jana-vetted board members. Since it plunked down $750 million...
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