Dow Chemical / Rohm & Haas Settle - Todd Sullivan

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Dow Chemical / Rohm & Haas Settle
Mar 10, 2009 11:10 AM UTC

Todd Sullivan

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Symbol	Sentiment	Start	Return	Closed
ROH	n/a
DOW	n/a

Via Todd Sullivan's ValuePlays:

It is finally done, Dow Chemical (DOW) and Rohm & Haas (ROH) are one. Some details:

From the SEC Filing:

As part of todayâ€™s agreement, Rohm and Haasâ€™s two largest shareholders have agreed to purchase $2.5 billion in face value of perpetual preferred equity issued by Dow. In addition, one of the shareholders, the Haas Family Trusts has agreed that at Dowâ€™s option, they will make an investment in an additional $500 million of Dowâ€™s equity. These equity investments substantially reduce the...

Continued at Todd Sullivan's ValuePlays

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