Sunday, April 8, 2007

CORRECTED: Group eyes $50bln bid for Dow Chemical - report

(Reuters) - Quoting sources close to the deal, The Sunday Express, a UK tabloid paper, said a financing package has been put in place for a break-up bid of between $52 to $58 a share and an approach valuing the company at least $50 billion could come by the end of this week.

Dow's shares closed up 35 cents at $44.47 on the New York Stock Exchange on Thursday.


Read more at Reuters.com Business News

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