Home › Home ›

Dow Files 8K in Morton Salt Sale

Submitted by Todd Sullivan on Tue, 04/07/2009 - 22:30.
in
Dow Chemical

Dow Chemical (NYSE:DOW) filed its 8K regarding tis agreement to sell its recently acquired Morton Salt division.

Morton had annual sales last year of $1.2bn and earnings before interest, tax, depreciation and amortization (EBITDA) of $270m meaning Dow received 6.2 times EBITDA for the asset, a very good price especially in the current environment.

Dow 8-K 4/7/2009


WallStNation.comThanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)


Share WallStNation.com Content

Share this article with others, WallStNation.com is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary


Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details