Waiting Period Expires
Just one day after announcing a stronger merger offer, CF Industries Holdings, Inc. has satisfied the regulatory conditions regarding its proposed business combinations with Terra Industries.
August 6, 2009
The Hart-Scott-Rodino premerger waiting period expired at 11:59 p.m. Aug. 5. CF Industries has now satisfied the regulatory conditions regarding its proposed business combination with Terra.
“With the expiration of the premerger waiting period, we now can promptly close a business combination with Terra,” says Stephen R. Wilson, chairman, president, and CEO of CF Industries. “We look forward to Terra agreeing to this business combination which is clearly in the best interests of both CF Industries and Terra stockholders.”
Completion of the proposed business combination is subject to the negotiation of a definitive merger agreement, stockholder approval, and the satisfaction of customary closing conditions.