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Chemical Week Magazine :: Top of the Week

Eastman to Acquire Solutia for $4.7 Billion

7:14 AM MST | February 10, 2012 | Robert Westervelt

Eastman Chemical has agreed to acquire Solutia for $4.7 billion in cash and stock, a move that lifts Eastman near $10 billion in annual revenue and enhances its position in specialty chemicals and Asia. Solutia shareholders will receive $22/share in cash and...

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