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Mosaic Buys Phosphate Business From CF Industries

  • Aired: 1/28/2013
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This morning, Mosaic (MOS) announced it plans to buy the phosphate business from CF Industries (CF) in a deal valued at $1.4 billion. The deal calls for Mosaic paying $1.2 billion in cash, plus funding an escrow account with another $200 million for certain environmental obligations related to the Florida facilities.

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