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November 19, 2012
12:39 EDTAGUAgrium committed to strategy; JANA attempts at gaining support likely to fail
In a statement, Agrium President and CEO Mike Wilson said:"The facts are straightforward. Agrium remains committed to its highly successful integrated strategy. JANA has been trying for over six months to obtain support for its idea that Agrium should spin off or sell its retail operations. Agrium's shareholders have overwhelmingly rejected JANA's ideas. As a result, we believe JANA's attempt to run its own slate for Agrium's Board is almost certain to fail."
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