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Potash rejects BHP Billiton bid as undervalued,Potash Corp. of Saskatchewan Inc. said Tuesday its board has rejected an unsolicited takeover bid from BHP Billiton Ltd. worth about $38.49 billion, saying it undervalues the fertilizer producer.,Potash Corp. of Saskatchewan, the world's largest fertilizer producer by market value, said its board rejected an unsolicited $39 billion takeover bid from BHP Billiton, Bloomberg News reported.,Potash Rejects $38.56 Billion Takeover Bid By BHP Billiton,Potash Corp. of Saskatchewan Inc. said Tuesday its board has received and rejected an unsolicited takeover bid from BHP Billiton Ltd. worth about $38.49 billion, saying it undervalues the fertilizer producer.,Potash Corp. of Saskatchewan Inc., the worlds largest fertilizer producer, rejected an unsolicited $39 billion takeover proposal from BHP Billiton Ltd. as too low, prompting speculation of a higher bid.,Potash Corp. of Saskatchewan rejected an unsolicited takeover offer from BHP Billiton for $130 a share.,[Blog ,what is by Hugh Collins] Fertilizer giant potash Corp. (POT) has rejected an offer to be bought by mining powerhouse BHP Billiton Limited (BHP), saying that the bid was "grossly inadequate., The big agriculture news this morning comes by way of potash Corp.