Dow Chemical Receives EU Clearence
This makes next week very interesting
The Dow Chemical Company (NYSE: DOW) today indicated it has been informed of the decision by the European Commission under Council Regulation (EC) No. 139/2004 declaring its proposed acquisition of Rohm and Haas Company (NYSE:ROH) compatible with the European common market.
Will Dow go back to Berkshire Hathaway (NYSE:BRK.A) for additional funds to complete the transaction? Will Kuwait, under the specter of a damaging lawsuit capitulate to the deal they dropped out of? Will Dow delat the merge and incur the $1.3 million a day penalty?
Like i said, going to be intersting
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