Fund calls for Dow to spin off business

Esposito, Frank
January 2014
Plastics News;1/27/2014, Vol. 25 Issue 43, p0001
Trade Publication
The article reports on a letter issued by hedge fund Third Point LLC urging chemical company Dow Chemical Co. to consider spinning off its petrochemicals business, including its massive plastics operations. Topics discussed include the impact of Third Point's comments on Dow's per-share stock price, a statement released by Dow officials pertaining to the letter, and Dow's earlier announcement to spin off or sell most of its chlorine value chain businesses.


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