Tag Archives: Edward Breen

Dow Chemical Buys Out 72 Year Old Joint Venture Ahead of Massive DuPont Tieup, Three Way Spin

Last week, Dow Chemical(DOW) and DuPont(DD) announced a massive merger. We had reported earlier in the week on chatter about the potential deal, and the outlines of the final deal were pretty much as described.  The $130 billion merger will briefly create a company that had a combined $83 billion in revenue last year. The company will, however,… Read More »

Chemours Stock In Downward Spiral, Former Parent DuPont Appoints Spinoff Veteran Breen Permanent CEO

Despite what appeared to be reasonable improvement in the first quarter since its spinoff from DuPont(DD), The Chemours Company(CC) stock has continued its downward spiral. The company which began when-issued trading at $21 in late June, closed at $6.43 yesterday. As we have discussed previously, the company is burdened with $4 billion in debt, plus unknowable environmental liability.… Read More »