Monday, December 29, 2008

Dow Chemical Kuwati deal falls through

Dow, Rohm shares fall on concern over deal

Dow Chemical may seek lower price for Rohm & Haas

This is very surprising news. This is definately a negative for Dow Chemical and it looks like they will have to renegotiate their ROH deal. However, with a current yield of 11%, Dow is even more attractive than it was. I will wait on Morningstar to update their numbers to comment further.

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