Dow: Settlement discussions with Rohm and Haas going well

03/9/2009 | Reuters

Dow Chemical reported Sunday that settlement talks with Rohm and Haas were going "quite well" as the two companies faced a court date today if a settlement wasn't reached on their plans for a $15 billion merger. Dow said that while it was looking for the "right deal," it would not accept one involving a takeover of Rohm and Haas at $78 per share in cash.

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