Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Terra Industries Inc. (“Terra” or the “Company”) (NYSE: TRA) arising from the Company’s announcement of its intent to be acquired by Yara International ASA (“Yara”).

On February 12, 2010, Terra announced that it entered into a merger agreement with Yara. Under the terms of the agreement, Terra shareholders will receive $41.10 in cash for every share of Terra stock that they own in a transaction worth approximately $4.1 billion. Terra shares traded as high as $43.13 on December 11. The deal is expected to close in June 2010.

The investigation is focused on the potential unfairness of the price to Terra shareholders and the process by which the Terra Board of Directors considered and approved the transaction. Specifically, the investigation will concern the Terra Board's decision to reject a competing bid for $45.91 per share in cash and stock less than a month before accepting the current proposal.

If you are interested in discussing your rights as a Terra shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at  This email address is being protected from spam bots, you need Javascript enabled to view it .