Agrium (AGU +2.4%) bounces on reports that Jana Partners says a spinoff of its retail unit could...

|By:, SA News Editor

Agrium (AGU +2.4%) bounces on reports that Jana Partners says a spinoff of its retail unit could add $50/share in value. AGU has been a top holding for Jana over the past few months, and the activist investor has been pushing it to find ways to boost shareholder value.