The Cash Against The Potash Board Of Directors

Potash Corporation of Saskatchewan Inc POT does not want to be taken over by big miner BHP Billiton BHP. It believes the price which BHP offered is too low, and may also think that BHP will fire many Potash workers. Potash is one of the largest sellers of fertilizers in the world, and BHP wants to gamble that this business will get better. The Potash board has used the same reason to hold out for a better offer. But none has come. There has been a great deal of speculation that Chinese interests may make an offer. Read the rest here.