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after-spiking

Dow, DuPont set $130 billion megamerger, could spark more deals

December 12, 2015 by · Leave a Comment 

Dow and DuPont shares fell on Friday after spiking earlier in the week following reports of negotiations. Executives from both companies said the agrichemicals businesses have little overlap and any asset sales would likely be minor. Dow shareholders would own 52 percent of the new company after preferred shares are converted, the companies said.

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Dow, DuPont set $130 billion megamerger, could spark more deals