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Glass Lewis says shareholders should back Agrium-Potash merger

Oct. 20, 2016 4:47 PM ETNutrien Ltd. (NTR) Stock, NTR:CA StockNTRBy: Carl Surran, SA News Editor17 Comments
  • Investor advisory company Glass Lewis recommends that Agrium (AGU) and Potash Corp. (POT) shareholders support a proposed merger, saying it would create a bigger, more diversified company.
  • Last week, ISS also recommended support for the merger from investors in each company.
  • AGU and POT are each holding their own shareholder meetings on Nov. 3 to vote deal, which requires two-thirds approval by shareholders of each company; POT shareholders would own 52% of the new company.

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