NEW YORK, Feb. 25, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky ("L&K") is investigating breaches of fiduciary duty and other violations of state law by the board of directors of CF Industries Holdings, Inc. ("CF" or the "Company") (NYSE:CF) arising out of their failure to fully explore and seek out a transaction with Agrium, Inc., which would have the desired effect of maximizing shareholder value. Agrium has announced that it has submitted a proposal to CF to acquire all of the capital stock of CF for cash and Agrium shares at $72.00 per CF share, or a total of approximately $3.6 billion. The proposal is conditioned on, among other things, CF withdrawing its efforts to acquire Terra Industries.
If you own common stock in CF and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/cf.html
L&K has experience in prosecuting investor securities litigation and an extensive practice in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.