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Norway's Yara agrees to buy Terra Industries (TRA) for $4.1B in cash ($41.10/share), creating...

Feb. 15, 2010 10:45 AM ETTerra Industries Inc. (TRA) StockTRA, CFBy: Eli Hoffmann, SA News Editor1 Comment
Norway's Yara agrees to buy Terra Industries (TRA) for $4.1B in cash ($41.10/share), creating the world's No. 1 mineral fertilizer producer and boosting Yara's U.S. foothold. The deal, a 23.6% premium to Terra's Friday close, comes one month after CF Industries (NYSE:CF) withdrew its year-long hostile bid to buy Terra. (PR)

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