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Terra jumps after suitor CF lifts bid to $4bn
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Agrimoney.com
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November 04, 2009
Shares in Terra Industries jumped 7% after suitor CF Industries dug into its cash reserves to help raise to $4.05bn its offer for its rival, as a showdown between the fertilizer giants draws nearer. CF offered $32.00 in cash, plus 0.1034 of its own shares, for every Terra share. The bid, the third r...
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