Ashland Inc. to acquire Hercules Inc.

Posted Friday July 11, 2008, 12:16 am, Over one day old

Kentucky-based chemical company Ashland Inc. said Friday it will acquire Hercules Inc. in a $2.6 billion cash-and-stock deal. Under the agreement, Ashland would acquire all the outstanding shares of Hercules at a price that would represent a 38 percent...

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