Though the Federal Trade Commission approved the merger on Friday, Dow Chemical seems unlikely to close the US$15.3 bln merger with Rohm & Haas by Tuesday. Rohm & Haas said it "intends to pursue all aavailable alternatives to protect its shareholders' interests", hinting at potential legal action.
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Tuesday, January 27, 2009
Dow Chemical unlikely to close Rohm & Haas deal on time
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