Dow-DuPont an activist coup on Corporate America

St Dupont SA

09/12/2015 03:35

By Kevin Allison 
    CHICAGO, Dec 8 (Reuters Breakingviews) - The $60 bln 
chemical giants are in merger talks, according to reports, a 
testament to the persistence of pushy investors Dan Loeb and 
Nelson Peltz. If the companies pull off a deal and a rumored 
three-way split, it could be this generation's version of 
barbarians at the gate. 
 
        
    Full view will be published shortly. 
     
    CONTEXT NEWS 
    - Dow Chemical and DuPont are in advanced talks to merge, 
according to two Reuters sources familiar with the situation. 
The discussions were first reported by the Wall Street Journal 
on Dec. 8. The U.S. chemical giants, with a combined market 
capitalization of about $120 billion, are contemplating a merger 
followed by a breakup into three parts, according to the 
newspaper. 
    - Reuters: Dow Chemical and DuPont in merger talks - sources 
 urn:newsml:reuters.com:*:nL1N13Y029 
     
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    (The author is a Reuters Breakingviews columnist. The 
opinions expressed are his own.) 
    - For previous columns by the author, Reuters customers can 
click on  ALLISON/  
 
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 (On Twitter https://twitter.com/KevinAllison. Editing by 
Reynolds Holding and Katrina Hamlin) 
 ((kevin.allison@thomsonreuters.com;)(Reuters Messaging: 
kevin.allison.thomsonreuters.com@reuters.net)) 
 
Keywords: DOW M&A/DU PONT BREAKINGVIEWS