Potash Corp says either party to pay $485 mln fee to other party if merger terminated

Industry:    2016-09-14

Potash Corporation of Saskatchewan Inc :

* Says either party may be obligated to pay a $485 million termination fee to the other party, in case of termination of merger

* If arrangement is not completed because of material breach by a party, breaching party will be obligated to pay non-breaching party $50 million Source text bit.ly/2ciFNAl Further company coverage:

 

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