People & Business :: Companies
Chemtura Fights for Survival
Ongoing Credit Crunch Forces Asset Sales
8:58 AM MST | February 25, 2009 | Robert Westervelt
Asset sales are the “preferred option” for raising needed cash, says Craig Rogerson, who took the chairman and CEO job at Chemtura last December. The company is open to other options but, given Chemtura’s current valuation, an outright sale of the company or dilutive equity infusion are not attractive options....
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