MIDLAND, Mich., Sept. 5 /PRNewswire-FirstCall/ -- 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.
About Dow
With annual sales of $54 billion and 46,000 employees worldwide, Dow is
a diversified chemical company that combines the power of science and
technology with the "Human Element" to constantly improve what is essential
to human progress. The Company delivers a broad range of products and
services to customers in around 160 countries, connecting chemistry and
innovation with the principles of sustainability to help provide everything
from fresh water, food and pharmaceuticals to paints, packaging and
personal care products. References to "Dow" or the "Company" mean The Dow
Chemical Company and its consolidated subsidiaries unless otherwise
expressly noted. More information about Dow can be found at http://www.dow.com .
Note: The statements contained in this document involve risks and
uncertainties that may affect the Company's operations, markets, products,
services, prices and other factors as discussed in filings with the
Securities and Exchange Commission. These risks and uncertainties include,
but are not limited to, economic, competitive, legal, governmental and
technological factors. Accordingly, there is no assurance that the
Company's expectations will be realized. The Company assumes no obligation
to provide revisions to any forward-looking statements should circumstances
change, except as otherwise required by securities and other applicable
laws.
SOURCE The Dow Chemical Company
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Related links: http://www.dow.com
http://www.prnewswire.com/comp/252850.html /
CONTACT: Dave Winder of The Dow Chemical Company, +1-989-638-0745; or Nina Devlin or Giovanna Konicke, both for The Dow Chemical Company, +1-212-333-3810
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