Dow Chemical Shares Spike After EU Resumes Evaluation

Dow Chemical (DOW) - Get Report shares were higher Monday after they saw their rating increased to BUY from HOLD by Citi after EU regulators resumed their investigation into the the company's proposed $130 billion merger with DuPont (DD) - Get Report . EU regulators will now decide whether to approve the merger by February 6. The EU had suspended its investigation into the tie up due to what it said was a lack of significant information provided by the companies. Dow and DuPont shares were both higher Monday.

This article was written by a staff member of TheStreet.