W.R. Grace Climbs on $7B Pact to Be Bought by Standard Industries W.R. Grace, the subject of takeover speculation for several years, agreed to be acquired by Standard Industries for $70 a share. Author: W.R. Grace ( GRA) - Get Report was rising Monday after the specialty chemicals company said it had agreed to be acquired by Standard Industries Holdings in a transaction valued at $7 billion. Shares of the Columbia, Md., company at last check were 6.6% higher at $68.45. Under terms of the transaction, Standard Industries Holdings will pay $70 cash for each W.R. Grace share. That's a premium of about 59% over Grace’s closing price of $44.05 on Nov. 6, the last trading day before 40 North’s initial proposal to acquire the company was disclosed, on Nov. 9.