Ah, but like any good drama – there’s a twist.
Terra isn't interested in CF. In fact, Terra says it wants nothing to do with CF. And the Terra board urged shareholders to reject any kind of marriage.
What will happen?
Terra doesn't want to merge with CF. And CF doesn't want to merge with Agrium.
How will the story end?
I think Agrium will probably need to bump their bid to get CF, says Karen Finerman.
And if this drama doesn't interest you in the least , Pete Najarian, says on a valuation basis the fertilizer stocks look cheap with Tim Seymour adding that Mosaic and Potash have the best pricing power.
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Trader disclosure: On Mar. 9th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (GDX); Najarian Owns (DNA) Calls; Najarian Owns (FCX) Spread; Najarian Owns (MS) & (MS) Calls; Najarian Owns (MSFT) & (MSFT) Calls; Najarian Owns (PNC) Put Spread; Najarian Owns (X) Call Spread; Najarian Owns (V) & (V) Calls; Najarian Owns (MOS) Call Spread; Najarian Owns (GD) Long Calls; Finerman's Firm Owns (MSFT); Finerman's Firm Owns (DNA) & (DNA) Calls; Finerman's Firm Own (RIG); Finerman's Firm Owns (WFC) Preferred; Finerman Owns (WFC) Preferred; Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY), (USO), (BBT), (VNO); Seymour Owns (BIDU), (EEM), (FXI), (RIG), (BAC), (CHL); Karabell Owns (AAPL), (BHP), (FCX), (GOOG), (GLD), (GE), (JPM)