Details, trades, prices, news here: http://livevol.blogspot.com/2010/03/tra.html ** UPDATE You can read the original post: <a href="http://livevol.blogspot.com/2010/02/tra.html"><b>CLICK HERE</b></a>. The absurdity continues! TRA is trading up 12.8% to 46.49. CF is trading down 3.8% to 103.45. AGU is trading up 2.8% to 67.66. The news is this: Terra Industries shareholders will receive $37.15 per share in cash as well as 0.0953 of a CF Industries Holdings(CF) share. The value of the deal is about $4.74 billion. -- And -- Agrium (AGU) is offering one share of Agrium common stock and $45.00 in cash for each share of CF Industries common stock. The deal is valued at about $4.52 billion For those of you unfamiliar with these three companies I have include snippets of the prior post below (you can't make this stuff up). Here's a quick summary of the last year: As we sit today, TRA is getting bought out for $47 ($37.15 + 0.0953*103.45). AGUs bid for CF bid went from $72 to now over $110. (1) 1-16-2009: CF bids for TRA $2.1 billion (2) 2-4-2009: CF goes hostile over TRA (3) 2-25-2009: AGU bids $72 per share for CF (3a) CF rejects AGU (4) 5-11-2009: AGU ups bid to $82.50 per share for CF (5) 5-18-2009: CF rejects AGU (again) Details, trades, prices, news here: (6) 11-05-2009: see article http://livevol.blogspot.com/2010/03/tra.html (7) 11-19-2009: see article http://livevol.blogspot.com/2010/03/tra.html (8) 12-07-2009: CF re-ups (again) for TRA (8th time) (more than double prior bid) (9) 1-14-201: see article http://livevol.blogspot.com/2010/03/tra.html (10) 2-16-2010: see article http://livevol.blogspot.com/2010/03/tra.html (11) 3-2-2010: TRA gets bid $4.74 billion from CF Details, trades, prices, news here: http://livevol.blogspot.com/2010/03/tra.html