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CF's Unsolicited Bid for Terra

On January 28, 2009, Terra Industries Inc. announced that its Board of Directors has rejected the January 15, 2009, unsolicited proposal from CF Industries Holdings, Inc. Terra is a leading international producer of nitrogen products. The lawyers involved in this matter include partners Faiza J. Saeed, Thomas E. Dunn and Katherine B. Forrest and associates Margarita Melikjanian, Jonathan Coleman and Mark L. Silverstein.