Rohm & Haas wants Dow to start talks on finalizing merger

02/9/2009 | Bloomberg

Rohm & Haas is calling on Dow Chemical to provide details on how it plans to finance its stalled $15.4 billion merger with the company. Rohm & Haas, which has sued Dow for failing to complete the merger by a Jan. 27 deadline, says Dow has the resources to complete the merger, but Dow CEO Andrew Liveris has said that without better financing, completing the deal could cause the merged entity to lose investment-grade ratings and leave it unviable.

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