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People & Business :: M&A

July 21, 2008

Ashland Gains ‘Specialty Core’ with Hercules

Robert Westervelt

Ashland’s $3.3-billion deal to acquire Hercules gives the company its long-sought “specialty core,” says Ashland chairman and CEO James O’Brien. Hercules, with 2007 revenues of $2.1 billion, has leading positions in cellulose esters...

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