BusinessSolstice and Element Solutions Terminate 14.5 Billion Dollar Merger After Just Two Months as Shareholders Revolt
The specialty chemicals giants mutually agreed to walk away from their merger of equals after institutional investors concluded both companies would be better off operating independently.
FinanceDick's Sporting Goods Stock Crashes 30 Percent in Worst Day Ever as Foot Locker Acquisition Turns Into a Nightmare
The sporting goods retailer's shares plunged after a brutal Q2 earnings miss and slashed guidance, erasing nearly three billion dollars in market value as Foot Locker comparable sales declined 3.6 percent.