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ROH Rohm & Haas

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0.00 (0.00%)
Share Name Share Symbol Market Type
Rohm & Haas NYSE:ROH NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Dow Chemical May Get Antitrust OK For Rohm Deal - Bloomberg

23/01/2009 2:05am

Dow Jones News


Rohm Haas (NYSE:ROH)
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The U.S. Federal Trade Commission is poised to give antitrust clearance to Dow Chemical Co.'s (DOW) acquisition of Rohm & Haas Co. (ROH), Bloomberg News reported, citing an unnamed person familiar with the matter.

Dow won backing from FTC lawyers by agreeing to divest its acrylic and emulsion businesses, Bloomberg reported Thursday, citing a second person.

FTC approval would force Midland, Michigan-based Dow to complete the takeover in two business days under the terms of its merger agreement, Bloomberg said.

It said a Dow spokesman, Matt Henson, declined to comment, and quoted Emily Riley, a spokeswoman for Philadelphia-based Rohm & Haas, as saying, "We are working toward an early 2009 close."

Full story: http://www.bloomberg.com/apps/news?pid=20601103&sid=aNoh.T5E.kyc&refer=us

 
 

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.

 
 

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