Takeover Talk Hot-and-Heavy In Fertilizer Space (IPI, MOS, POT)
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Takeover rumors are hot-and-heavy in the fertilizer space. Today it is Intrepid Potash, Inc. (NYSE: IPI), yesterday it was Mosaic Co. (NYSE: MOS) and tomorrow it could be PotashCorp (NYSE: POT).
Today, a report in Globe & Mail stated PotashCorp is an increasingly attractive takeover candidate as lower potash prices discourage large mining companies from starting their own mines, citing an industry analyst.
Today, a report in Globe & Mail stated PotashCorp is an increasingly attractive takeover candidate as lower potash prices discourage large mining companies from starting their own mines, citing an industry analyst.
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