From Reuters | CF Industries Chief Executive Stephen Wilson defended
his $4.7 billion purchase of Terra Industries as being the right price for CF
shareholders, saying the biggest surprise out of the process was that
the deal took more than a year to reach.

“I believe our stockholders will benefit from
this transaction at this level. Obviously, if you could buy it for less
you buy it for less, but we didn’t get that done,” Wilson said at the
Reuters Food and Agriculture Summit in Chicago.

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