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Ingredion has protections against an obligation to divest assets.
Shares of Penford (PENX) surged after Ingredion (INGR) announced it will buy the company for about $340 million.
TheStreet highlights 3 stocks pushing the Chemicals industry lower today.
Penford (PENX) stock is gaining after it reported higher third quarter profit and said it satisfied conditions of its government loan.
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