Source: CF Industries


CF Industries Holdings, Inc. has extended its deadline until 5 p.m. Eastern Daylight Time April 14, 2010, for the remaining shares of Terra Industries Inc. common stock. As of April 9, CF Industries had already tendered 87.5 percent of the outstanding shares of Terra common stock.


During the extension of the subsequent offering period, any shares validly tendered will be immediately accepted for payment, and tendering stockholders will promptly thereafter be paid $37.15 in cash and 0.0953 of a share of CF Industries common stock, less any required withholding taxes and without interest, which is the same amount per share that was offered and paid to Terra stockholders who previously tendered into the exchange offer.


Original press release