Posts Tagged ‘ Solutia Inc. ’

Eastman to Acquire Solutia

Jan 27th, 2012

Officials at Eastman Chemical Co. of Kingsport, Tenn., and Solutia Inc. of St. Louis, have entered into a definitive agreement, under which Eastman will acquire Solutia. Under the terms of the agreement, Solutia stockholders will receive $22 in cash and 0.12 shares of Eastman common stock for each share of Solutia common stock. ‚ÄúSolutia board […]