Dow, Rohm & Haas reach merger settlement

GEORGETOWN, Del. - Dow Chemical Co. agreed yesterday to acquire Rohm & Haas Co. for the original price of $15.3 billion in cash, or $78 a share, after the Haas trusts in Philadelphia and hedge-fund operator John Paulson, the two largest shareholders in Rohm & Haas, put up $3 billion to help close the deal.

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