DuPont and The Dow Chemical Company announced all required regulatory approvals and clearances have been received, that all conditions to closing of their merger of equals have been satisfied, and that their merger of equals will close after the market closes on August 31, 2017.
Shares of Dow and DuPont will cease trading at the close of the New York Stock Exchange (NYSE) on August 31. Shares of DowDuPont, as the new company will be called, will begin trading on the NYSE under the stock ticker symbol “DWDP” on September 1, 2017.
The companies continue to expect the intended spin-offs to occur within 18 months of closing.
Full Content: ABC News
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