Dow Chemical (DOW) won a ruling in court Friday vs Rohm & Haas (ROH).
Dow Chemical / Rohm & Haas Depositions
My take on this is Dow will attempt to get the founding family on record saying they wished for the combined entity to survive. If Dow can then cast doubt on that should the merger be forced immediately, then they now have a huge continent of shareholders in essence wanting the merger to be delayed (not canceled).
Either way, it will be interesting..
Disclosure (“none” means no position):Long DOW
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