BRIEF-Potash Corp says either party to pay $485 mln fee to other party if merger terminated

Mon Sep 12, 2016 9:54am EDT
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Sept 12 (Reuters) - Potash Corporation of Saskatchewan Inc :

* Says either party may be obligated to pay a $485 million termination fee to the other party, in case of termination of merger

* If arrangement is not completed because of material breach by a party, breaching party will be obligated to pay nonbreaching party $50 million Source text Further company coverage: