Description: It takes a while to bring two giants together. The planned merger of agricultural companies Agrium and Potash Corp has been ongoing for over a year. The latest hurdle has been cleared by Agrium’s sale of an Idaho phosphate producer for $100 million dollars, a move which was designed to ease the approval of the merger by American regulators.
Date: November 7, 2017
1) Why do you think we are seeing this large merger in the agricultural industry?
2) What are some of the accounting considerations that will need to be examined in this merger?
3) What chapter of Wiley’s Financial Accounting: Tools for Business Decision Making would assist you in accounting for one firm acquiring another?