Dow Receives FTC Request for Additional Information Regarding Proposed Acquisition of Rohm and Haas
The Dow Chemical Company (NYSE: DOW) today announced that it has received a request for additional information, commonly referred to as a “Second Request,” from the U.S. Federal Trade Commission (“FTC”) regarding Dow’s proposed acquisition of Rohm and Haas, which was announced on July 10, 2008.
This request for additional information from the FTC is a normal and expected part of the regulatory process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR”).
Dow intends to comply with the Second Request in a timely fashion and will work with the FTC, European Commission and other national regulatory authorities to ensure a successful and expeditious close of the acquisition. Completion of the transaction remains subject to Rohm and Haas shareholder approval and customary closing conditions.
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