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Hexion Sues Huntsman in Bid to Halt Acquisition

2:10 PM MDT | June 23, 2008 | Robert Westervelt

Hexion Specialty Chemicals sued Huntsman Corp. last week seeking to end its agreement to purchase the company for $10.6 billion. The capital structure of the deal “is no longer viable because of Huntsman’s increased net debt and its lower than...

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