Agrium Hits 52-Week High as Investors Propose Spinoff
October 01, 2012 at 14:53 PM EDT
Activist investors at Jana Partners did Agrium’s (AGU) stock a favor today by pointing out what they think are the current management’s failures. Shares of the agriculture company rose more than 3% in afternoon trading, hitting a new 52-week high of $107 per share. Calling Agrium a “self-help story that offers 50% upside,” a Jana [...]