IHS Chemical Week

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Dow, Rohm and Haas Reach Settlement

3:25 AM MDT | March 11, 2009 | Kara Sissell in Georgetown, DE

Dow has agreed to complete the acquisition of R&H. Certain R&H shareholders--including the company’s largest shareholder, Haas family trusts--have agreed to take proceeds in the form of preferred equity valued at $2.5 billion as part of the agreement. Other shareholders will receive the original $78/share cash consideration at the closing...

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