09:59 AM EST - Agrium Inc. : announced that it has extended the expiration date of its offer to acquire CF Industries Holdings, Inc. for $45.00 U.S. in cash plus one Agrium share per CF share until 12:00 midnight, New York City time, on January 22, 2010. Agrium also announced that it has replaced its financing commitments with "highly confident" letters from Royal Bank of Canada and the Bank of Nova Scotia. Agrium's offer for CF is now conditioned on Agrium having available to it proceeds of financing that are sufficient, together with cash on hand, to purchase all outstanding shares of common stock of CF and to pay the related expenses. Agrium Inc.
shares T.AGU are trading up $1.33 at $63.46.
