Solutia Stockholders Approve $5B Eastman Chemical Merger
In connection with the agreement, each stockholder will receive $22 and 0.12 shares of Eastman common stock for each share of Solutia common stock, adding up to about $3.4 billion, with Solutia's $1.3 billion debt rounding out the deal.
The approval comes after four shareholders unsuccessfully lodged putative...
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