Cargill Dumping Mosaic

The sale terms call for privately-held Cargill to swap about 179 million of its 286 million Mosaic shares with Cargill’s private stockholders — including, most notably, the charitable trust of the late Margaret Cargill, who died in 2006 — for some of all of their Cargill stock. Cargill’s remaining 107 million Mosaic shares would be doled out in exchange for Cargill debt owned by third parties.

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