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People & Business :: Companies

Agrium shareholders reelect board members following Jana dissent

1:35 PM MDT | April 9, 2013 | Lindsay Frost

After delaying its annual shareholders meeting and a back-and-forth battle for director control with hedge fund Jana Partners (New York), Agrium announced today that its shareholders have reelected all twelve of the company’s incumbent board directors. Jana Partners, a shareholder in the company, had announced its opposition to the company’s current strategy in October 2012, urging them to split off its retail segment and nominated five of its own members to Agrium’s board of directors. In the wake of a potential takeover, the...

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