definitive agreement

• Ngas Resources (Nasdaq: NGAS) reports definitive agreement to be acquired by Magnum Hunter (Amex: MHR) for an estimated value of $98 million.
  
  According to the terms of the deal, each common share of the Company will be transferred to Magnum Hunter for the right to receive 0.0846 of a share of Magnum Hunter common stock.

• Agrium Inc (NYSE: AGU) announced today that it has entered into a definitive agreement (the "Agrium Agreement") with AWB Limited ("AWB") to acquire all the shares of AWB at a price of A$1.50 per share.
  
  "The combination of Agrium and AWB provides significant strategic and financial benefits to a wide array of stakeholders.
  
  We are particularly excited about the future of working with AWB employees to reinvest in the business and bring a greater choice of products and services to AWB's grower customer base," stated Agrium President and CEO Mike Wilson.

NUCRYST Pharmaceuticals Corp. (NASDAQ: NCST) 69% HIGHER; announced today the execution of a definitive agreement with subsidiaries of Smith & Nephew plc.

(NYSE: SNN) for the sale to Smith & Nephew of substantially all of Nucryst's operations and assets including all rights to its proprietary nanocrystalline silver technology for cash consideration of $21 million plus the value of working capital and subject to certain adjustments.

The Chicago Cubs moved closer into the arms of new owners Friday when the Ricketts family signed a definitive agreement to buy the 133-year-old franchise; a stake in the regional cable network that carried some of its games; and Wrigley Field for $845 million.