Agrium Inc. and CF Industries Holdings Inc. intensified their rhetoric again last week as Agrium's June 22 deadline for CF shareholders to tender their shares neared. Agrium also ran an ad in The Wall Street Journal June 18, addressing CF stockholders and telling them in bold type that time is running out, that it was their last chance to send a message to the CF board, and that RiskMetrics recommends CF stockholders tender their shares, and tender today - the offer expires June 22. Agrium has said it will walk away from the deal if a significant majority of stockholders do not tender.
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