Hedge Fund News From HedgeCo.Net

Agrium goes on offensive to fight off activist Jana

Financial Post – After absorbing months of pointed criticism, Mike Wilson is finally going on the attack.

On Monday, Agrium Inc. will launch an offensive against activist hedge fund Jana Partners LLC, which has proposed five dissident board members for Agrium and has called for drastic changes in how the company is structured and run. Agrium is going to use its analyst day in New York to poke as many holes in Jana’s proposals as possible.

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