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Dow Chemical Moves to Shield ‘Enterprise Model’ From R&H; Alleges Goldman Role in Possible Sale of Ag Business

4:35 PM MST | February 27, 2009 | Kara Sissell

Rohm and Haas (R&H) has asked the Delaware Chancery Court to allow R&H financial advisor Goldman Sachs to examine Dow’s “enterprise model,” the method Dow uses to calculate the value of assets for sale, according to the Wall Street Journal. Dow’s attempt to block the release of the model to R&H, includes assertions by a Dow attorney that Goldman Sachs Goldman is known “adversely to Dow” to be representing a “major multibillion dollar transaction involving Dow AgroSciences,” the report says. The...

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