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Industry | 2010.03.12

CF Industries and Terra Industries Agree to Combine, Creating a Global Industry Leader

DEERFIELD, Ill. & SIOUX CITY, Iowa--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) and Terra Industries Inc. (NYSE: TRA) today announced they have entered into a definitive merger agreement (the “CF Industries-Terra Agreement”) to combine the two companies. Terra stockholders will receive $37.15 in cash and 0.0953 of a share of CF Industries common stock for each share of Terra common stock. The transaction has a total value of approximately $4.7 billion. The boards of dire

 

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