TITLE

Bailout

AUTHOR(S)
Chang, Joseph
PUB. DATE
September 2008
SOURCE
ICIS Chemical Business;9/29/2008, Vol. 274 Issue 12, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the benefits of the U.S. government's $700 billion bailout to the chemical industry in the U.S. in 2008. Investment bank Young & Partners states that the bailout will help the chemical companies in terms of revenues and ability to borrow. Moreover, investment bank Scott-Mason says that the bailout could also provide liquidity for mergers and acquisitions (M&A).
ACCESSION #
34965478

Tags: BAILOUTS (Finance);  INTERNATIONAL economic assistance;  FINANCIAL crises;  INVESTMENT banking;  LIQUIDITY (Economics);  CONSOLIDATION & merger of corporations;  CHEMICAL industry -- United States

 

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