Agrium (AGU) names two new directors to its board and says it held discussions with hedge fund...

|About: Agrium Inc. (AGU)|By:, SA News Editor

Agrium (AGU) names two new directors to its board and says it held discussions with hedge fund Jana Partners to resolve a proxy battle, but talks end after Jana rejects a proposed settlement. Jana, AGU's largest shareholder with a 6%-plus stake, has proposed a slate of five new directors for election to AGU's board and has pressed for a spinoff of the retail farm equipment arm.