People & Business :: Companies
Dow’s Postponed Investor Meeting Fuels Deal Speculation
2:30 PM MDT | October 22, 2007 | Robert Westervelt
Dow Chemical shares surged on October 12 after it postponed an investor meeting scheduled for early November, fueling speculation that a major transaction could be imminent. Dow shares gained 3.8%, to close at $46.50/share the same day but after the announcement was made. Liveris: ‘Solid progress’ on strategy. “As we move ahead with our transformational strategy, making solid progress on several fronts, we continue to explore a number of exciting opportunities to deliver long-term value to Dow shareholders,” the company said in an e-mail...
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