Dow’s Survivor CEO Closes on Elusive Deal
There was the ill-timed merger that nearly sank Dow Chemical Co. with too much debt. Before that there was the time two trusted lieutenants plotted in secret to sell the company. And more recently, there was unwanted attention from a notorious Wall Street activist. Yet despite the tribulations faced by Dow over the past decade, its chief executive officer, Andrew Liveris, has survived to close the deal that had eluded him for almost a...
Chemical Giants in Mega Merger
Two of corporate America’s oldest institutions, chemical giants Dow Chemical and DuPont, will merge into a $130 billion behemoth — and then split again into three companies — in one of the largest megadeals of the year, the companies said Friday. Since their founding in the 19th century, both companies have invented and sold some of the most transformative discoveries in modern chemistry, changing how our homes are built and painted...
