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| According to the financials I read. UAP's bottom line was about identical to CPS. It was just the fact that Agrium wholesale side of things has such an overabundance of cash from the fertilizer wholesale side and UAP is a completely different segment of the market than CPS (full service vs cash and carry). It was not a hostile take over from my reading and Agrium paid a pretty premium +$16/share or something like that over UAP stock price. I'd say that was wanting something pretty bad. My gut feeling is they were trying to capture both sides of the market and my fingers are crossed that this will only make thier pricing better than it already is with the overall volume of the 2 combined as far as buying power. Only time will tell though. My 2 cents worth anyhow for what it is worth. | |
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Agrium UAP Merger
