Who Is Benefiting From an Integrated Business?

By Taylor Muckerman and Joel South – Jan 29, 2013 at 2:00PM

NYSE: POT

Potash Corporation of Saskatchewan Inc.

Agrium believes that its integrated wholesale and retail business has been a prime component in its recent sector outperformance.

Agrium (NYSE: AGU) has been under fire since last year from its largest shareholder, JANA Partners, for its handling of the retail portion of its integrated fertilizer business. While Agrium management has initiated some of the suggestions from JANA Partners, such as a boost to the dividend and an increase in reporting from its retail segment, there are still some outstanding issues. In a recent presentation however, management was outspoken in favor of this business combination and its positive benefits for Agrium shareholders.

For greater insight into this important shareholder issue, tune into Motley Fool analyst Taylor Muckerman's video below.

Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of CF Industries Holdings. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.