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Fly News Breaks for August 31, 2016
AGU, POT
Aug 31, 2016 | 08:35 EDT
RBC Capital analyst Andrew Wong believes that a potential merger between Potash (POT) and Agrium (AGU)"could create a strategically more competitive entity." The analyst says that the companies may be pursuing a merger to "more aggressively pursue wholesale market share and sell product through a growing Retail distribution channel" He keeps a Sector Perform rating on Potash and an Outperform rating on Agrium.
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