Buyout Buzz Boosts Dow Chemical

A news story that the chemicals giant could be the target of a $54 billion takeover sent the shares higher Monday

In the superheated M&A market, the targets appear to be getting bigger and bigger. Shares of Dow Chemical (DOW) soared on to a new 52-week high Feb. 26 after a report from The Express on Sunday the previous day said that buyout firms such as Kohlberg Kravis Roberts & Co., Blackstone Capital Partners LP and Carlyle Group are expected to snap up the chemicals giant for $54 billion and a lot of debt.

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