Agrium has conditional U.S. antitrust OK for CF deal
WASHINGTON/TORONTO (Reuters) – Canadian fertilizer maker Agrium <AGU.TO>, which is attempting a hostile takeover of U.S. rival CF Industries <CF.N>, has won U.S. antitrust approval of the proposed deal after agreeing to sell two storage facilities, the Federal Trade Commission said on Wednesday.
The decision — Agrium will have to sell CF’s Ritzville anhydrous ammonia terminal in the U.S. Pacific Northwest and its own Marseilles terminal in Illinois, to Terra Industries <TRA.N> — clears a minor hurdle in the proposed CF takeover, although it likely does little to resolve opposition from CF’s board.
Credit card stories? She’s heard ‘em all
Democratic lawmaker Carolyn MaloneyListen to Rep. Carolyn Maloney tell how she became interested in credit card reform legislation
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