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Hexion Specialty Chemicals Inc

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BUSINESS
December 16, 2008 | ASSOCIATED PRESS
Chemicals maker Huntsman Corp. has ended its $6.5-billion agreement to be taken private by Hexion Specialty Chemicals Inc. and agreed to a $1-billion legal settlement with Hexion's private-equity owner, Apollo Global Management. The settlement ends months of litigation between the companies, whose deal unraveled amid the global credit crisis and sparked a string of lawsuits. Huntsman shares plunged $2.87, or 49.1%, to close Monday at $2.98.
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BUSINESS
July 5, 2007 | From the Associated Press
A private equity firm has made a cash offer for Huntsman Corp. that at about $6 billion trumps a bid last week from a Dutch company. Huntsman, the nation's fourth-largest chemical company, said the offer from Apollo Management's Hexion Specialty Chemicals Inc. of Columbus, Ohio, valued Huntsman at $27.25 a share. That is an 8% premium over the $25.25 bid from Basell, a Dutch holding of U.S. industrialist Leonard Blavatnik's Access Industries. There were 221.
BUSINESS
June 27, 2006 | From Bloomberg News
Casual-clothing retailer J. Crew Group Inc. leads a $1.3-billion wave of nine initial public offerings this week that may decide whether last week's 11 cancellations marked the start of a slump or just a hiccup for the busiest IPO market since 2000. "The summer is going to be an important test," said Larry Wieseneck, co-head of global finance at Lehman Bros. Holdings Inc.
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