IHS Chemical Week

Regions :: North America

Ferro shareholder criticizes board's refusal to negotiate with A. Schulman

8:09 AM MST | March 7, 2013 | Rebecca Coons

At least one shareholder is criticizing Ferro's refusal to enter into negotiations with A. Schulman, which earlier this week announced a hostile bid for Ferro at $6.50/share. "We believe the Schulman bid undervalues Ferro," says Jeffrey Quinn, former Solutia CEO and founder of Quinpario Partners. "However, we are greatly dismayed that the board would not engage with a logical strategic buyer to determine if a transaction could be in the best interest of all shareholders,” Quinn adds. “This along with the fact that the company would...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa