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Chemical Week Magazine :: Business & Finance :: United States/Americas

August 18, 2008

Solutia Launches Secondary Public Offering

Nancy Seewald

Solutia has launched a secondary public offering of about 22.3 million shares of common stock, about 36% of its total outstanding shares, for $13/share. Solutia says the sale will generate total net proceeds of about $277 million, which...

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