Notable Mergers and Acquisitions of the Day 5/27 (GE, CEM, CEDC)

StreetInsider.com Notable Mergers and Acquisitions of the Day:

• Shares of Chemtura Corporation (NYSE: CEM) are higher this morning on reports from the Financial Times, private equity firms Blackstone Group and Apollo Management are in talks to acquire the chemical maker.

  The reports said the parties are still negotiating over price and the private equity firms are working on lining up financing, so the deal is still far from certain.

  In December, Chemtura said its Board of Directors has authorized management to consider a wide range of strategic alternatives. Chemtura hired Merrill Lynch as its financial advisor.

• LG Electronics Co. looking closely at General Electric