Agrium: Can ValueAct Succeed Where JANA Failed?

Agrium Inc. (NYSE:AGU) (TSE:AGU) has regained all of the ground that it lost over the last month now that ValueAct Capital has filed a 13D form with the SEC revealing that it has taken a 5.7% stake in the Canadian agriculture company. For investors familiar with ValueAct’s track record this looks like a big, long-term plus for the stock, especially since the activist investors started investing well before the dip.

JANA, ValueAct investments in Agrium show two sides of activist investing

Along with accepting activism as a legitimate strategy, mainstream investors are also developing a more...