Red Orbit (Free subscription) | 08/05/2008
By Anonymous The Deal; Ashland Inc. has agreed to purchase Hercules Inc. for about $2.6 billion in a cash and stock transaction. Under the terms of the deal, Ashland will pay S 18.60 in cash plus 0.093 shares of its stock in exchange for each share of Hercules.
Seeking Alpha (Free subscription) | 07/28/2008
Ashland Inc. (ASH) Q3 FY08 Earnings Call Complete Story »
The Business Courier of Cincinnati (Free subscription) | 07/24/2008
Ashland Inc.'s net income for the quarter ended June 30 declined 28 percent to $72 million, or $1.13 per share, compared with $100 million, or $1.58, in the same period a year earlier, as higher costs of sales, increased SG&A expenses, and higher income taxes offset an 11 percent increase in revenue.
Cincinnati Enquirer (Free subscription) | 07/24/2008
Rising raw material costs and weak results in its performance materials division led to a 28 percent decline in Ashland Inc.'s third-quarter earnings.
Market Watch (Free subscription) | 07/24/2008
NEW YORK (MarketWatch) -- Chemical company Ashland Inc. on Thursday said its fiscal third-quarter net income fell to $72 million, or $1.13 a share, from $100 million, or $1.58 a share, in the year-ago period. On a continuing operations basis, it earned $1.03 a share. Sales rose to $2.2 billion from $1.98 billion. Analysts, on average, expected it to earn 87 cents a share on sales of $2.11 billion,...
EuroInvestor.co.uk (Free subscription) | 07/16/2008
Hercules Incorporated (NYSE:HPC) today announced that the teleconference call for the second quarter 2008 earnings has been cancelled given the pending transaction with Ashland Inc. Th.. - Read more
Ink World Magazine Breaking News (Free subscription) | 07/16/2008
Ashland Inc. and Hercules Inc. have entered into a definitive merger agreement under which Ashland would acquire all of the outstanding shares of Hercules for $18.60 per share in cash and 0.093 of a share of Ashland common stock for each share of Hercules common stock. The total transaction value is approximately $3.3 billion, or $23.01 per Hercules share based on Ashland’s July 10 closing stock price...
Label & Narrow Web Breaking News (Free subscription) | 07/15/2008
Ashland’s Specialty Polymers Adhesives (SP) business recently installed equipment valued at more than US$2 million to enhance service and capabilities for its printing, packaging and coatings product lines. SP is a business group of Ashland Performance Materials, a division of Ashland Inc. , Dublin, OH, USA. The equipment was installed in Ashland’s Columbus, OH, and Oak Creek, WI, facilities. The investment...
Cincinnati Enquirer (Free subscription) | 07/12/2008
COVINGTON - Ashland Inc., the largest U.S. chemical distributor, said Friday that it has agreed to buy specialty chemical maker Hercules Inc. in a deal valued at $3.3 billion.
Star Tribune (Free subscription) | 07/11/2008
Covington, Ky.-based Ashland is a manufacturer of specialty chemicals, a distributor of chemicals and plastics, and provides automotive lubricants, car-care products and quick-lube services. Wilmington, Del.-based Hercules is one of the world's leading suppliers of specialty chemicals to the pulp and paper industry.
San Fransisco Chronicle (Free subscription) | 07/11/2008
Kentucky-based chemical company Ashland Inc. said Friday it will acquire Hercules Inc. in a $2.6 billion cash-and-stock deal. Under the agreement, Ashland would acquire all the outstanding shares of Hercules at a price that would represent a 38 percent...
The Washington Times (Free subscription) | 07/11/2008
Kentucky-based chemical company Ashland Inc. said Friday it will acquire Hercules Inc. in a $2.6 billion cash-and-stock deal.
Philadelphia Inquirer (Free subscription) | 07/11/2008
COVINGTON, Ky. - Chemical company Ashland Inc. said today that it will acquire Wilmington-based chemical maker Hercules Inc. in a cash-and-stock deal valued at $2.6 billion.
The Business First of Columbus (Free subscription) | 07/11/2008
Ashland Inc. has agreed to acquire specialty chemical maker Hercules Inc. in a cash-and-stock deal valued at about $3.3 billion. (DOW) (ROH) (HPC) (ASH)
The Business First of Louisville (Free subscription) | 07/11/2008
Ashland Inc. has agreed to acquire specialty chemical maker Hercules Inc. in a cash and stock deal valued at about $3.3 billion. (HPC) (ASH) (DOW) (ROH)
