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Dow Chemical, Rohm & Haas Seal Deal
Dow Chemical(DOW Quote) and Rohm & Haas(ROH Quote) have reached an agreement to merge by April 1, according to a joint statement released late Monday.
Shares of Dow Chemical were falling nearly 6% at $5.97 in after-hours trading, while Rohm & Haas was gaining 4.5% at $77.44 a share.
The agreement came after a day of intense negotiation and two consecutive delays in the trial in which Rohm & Haas was suing Dow Chemical for breach of contract of their original merger agreement. ...
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