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DuPont, Dow merger to close at end of August


The Dow-DuPont merger becomes a reality at the end of  this month.

The two companies announced Friday they’ve received all required regulatory approvals and clearances – and will close their over $140 billion deal on August 31st.

Shares of DowDuPont will begin trading on the New York Stock Exchange under the stock ticker symbol “DWDP” on September 1, 2017.  That will end Dupont’s 215-year run as a stand-alone company nearly synonymous with the First State.

The new DowDupont will not be around for long.

Once the merger is completed, the combined company plans to split into three independent companies by 2019.  Two of them – specialty products and agriculture – will be headquartered in the First State.

But that plan could be tweaked.

Dow and DuPont have brought in a business management consultant to review their post-merger strategy in the wake of pressure from activist investors to consider breaking into six separate companies. 

Tom Byrne has been a fixture covering news in Delaware for nearly three decades. He joined Delaware Public Media in 2010 as our first news director and has guided the news team ever since. When he's not covering the news, he can be found reading history or pursuing his love of all things athletic.
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