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Deals Rumor Mill: PQ Corp., IndCor Properties, Herff Jones

By Chelsea Naso (August 8, 2014, 3:36 PM EDT) -- Buyout firm The Carlyle Group LP is getting ready to break up specialty chemical company PQ Corp. after attempts to sell the company in its entirety for up to $3 billion failed, sources told Reuters on Friday. PQ has already registered with the U.S. Securities and Exchange Commission for an initial public offering, but the new strategy suggests that Carlyle would prefer to fully divest the company in a sale. ...

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