Friday, April 13, 2007

Dow Chemical May Become a Takeover Target After Liveris Fires Executives

(Bloomberg) -- Dow Chemical Co. may become a takeover target after Chief Executive Officer Andrew Liveris said he isn't interested in selling the largest U.S. chemical maker.

Liveris fired executives Pedro Reinhard and Romeo Kreinberg yesterday for holding unauthorized talks with possible private- equity bidders. Shares of Dow jumped 2 percent yesterday, giving the company a market value of $44.1 billion.


Read more at Bloomberg Exclusive News

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