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Third Point LLC (Third Point), an investment advisor, and three funds under its control β Third Point Partners Qualified L.P., Third Point Ultra, Ltd., and Third Point Offshore Fund Ltd., which are collectively the Third Point Funds, recently agreed to … Continue reading
The Dow Chemical Co., which owns Dow Automotive Systems, and DuPont announced today they will combine βin an all-stock merger of equals,β according to a statement from both companies. The combined company will be named DowDuPont. Management intends to split the new entity into three independent, publically traded companies approximately 18-24 months following the close of the merger. What does this mean for Dow Automotive? Continue reading