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Dow Chemical (DOW) Stock Gains Following Expiration of Chlorine Unit Merger Lockup Period

2015-06-17 21:50:14| Chemicals - Topix.net

The waiting period is required under federal antitrust regulations and the expiration was one of the closing conditions of the $5.4 billion merger that was first announced on March 27. "We are one step closer to combining the world-class assets and people of Dow and Olin taking our business to an entirely new level in terms of scale, integration, cost-advantaged feedstocks, and a broad and diverse end-uses portfolio, ultimately creating value for our customers," said Olin CEO Joseph Rupp.

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