Huntsman Drops Aristech Bid: Huntsman Holdings Corp.,...
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From Times Staff and Wire Service Reports
Huntsman Drops Aristech Bid: Huntsman Holdings Corp., whose unsolicited $813-million bid for Aristech Chemical Corp. prompted the chemicals company to seek a Japanese “white knight,” has dropped its offer. The Pittsburgh-based polymers and chemicals firm has agreed to be acquired for $845 million by a management-led group and Mitsubishi Corp. of Japan.
