CF Industries Urges Terrr-- Sh--reholders to Elect its Nominees to Bo--rd (CF,TRA)
Oct 14, 2009 (SmarTrend(R) News Watch via COMTEX) --
Companies: Charter One Financial, Inc. (CF), Terra Industries, Inc. (TRA)
10/14/2009 - CF Industries (NYSE:CF) urged sh--reholders of Terr-- Industries (NYSE:TRA) to elect its three nominees to Terr--'s bo--rd of directors, including John N. Lilly, D--vid A. Wilson, --nd Irving B. Yoskowitz. The move is CF's l--test in -- fruitless bid to t--ke over the fertilizer comp--ny. In --n open letter to Terr-- sh--reholders, CF s--id, "By voting for our independent nominees, you will show your support for our proposed business combin--tion with Terr--, -- tr--ns--ction th--t offers Terr-- stockholders -- subst--nti--l premium --nd the opportunity to p--rticip--te in -- compelling combin--tion." Sh--res of Terr-- Industries rose 1.7% in e--rly Wednesd--y tr--ding.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Copyright (C) 2009 Comtex SmarTrend(R). All rights reserved
News Provided by COMTEX
Companies: Charter One Financial, Inc. (CF), Terra Industries, Inc. (TRA)
Related terms: business, market, new york, north dakota, nyse, securities
