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Jana Partners accuses Agrium (AGU -1.1%) of making inappropriate payments to win shareholder...

Jana Partners accuses Agrium (AGU -1.1%) of making inappropriate payments to win shareholder support, in an increasingly bitter proxy battle that comes to a head next week. "Not only does this strategy belie Agrium's claims of broad shareholder support... [it is] an affront to basic notions of good governance," the hedge fund says. AGU says the payments are appropriate and common in Canada.
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Comments (1)
  • Ron Myers
    , contributor
    Comments (256) | Send Message
     
    Standard or not this is absurd theft of shareholder money and is making me reconsider my position in AGU.
    1 Apr 2013, 02:10 PM Reply Like
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