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Stock Market & Financial Investment News

News For RNF From The Last 14 Days
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January 26, 2016
06:33 EDTRNFRentech Nitrogen submits draft resignation statement for Pasadena spin-out
Rentech Nitrogen announced that a wholly owned subsidiary of Rentech Nitrogen has confidentially submitted a draft registration statement on Form S-1 with the SEC relating to the proposed spin-out of its Pasadena, Texas facility. It is a condition to the completion of the pending merger of Rentech Nitrogen with CVR Partners, LP that Rentech Nitrogen sell or spin-out its Pasadena facility pursuant to the terms of the merger agreement. Rentech Nitrogen filed the registration statement to prepare for a potential spin-out of the Pasadena facility in the event it is unable to close on a sale of the facility on acceptable terms in a timely manner.

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