KQEH Nightly Business Report December 10, 2015
Chemicals powerhouse. According to reports, two of americas oldest companies, dupont and dow chemical, are in advanced merger talks. Both have market values around 60 billion, and the deal will likely be billed as a merger of equals. The wall street journal reports the combined firm would then split into three focused on agriculture, Speciality Chemicals and materials, and that sent shares of both companies soaring. Both dow component dupont and dow chemical rallied about an equal amount, a little less than 12 . If the deal goes through, it would cap a tumultuous year for dupont, whose ceo ste...