InvestorsHub Logo
Followers 39
Posts 1464
Boards Moderated 0
Alias Born 11/08/2012

Re: sharpshorts post# 7

Tuesday, 04/15/2014 2:29:56 PM

Tuesday, April 15, 2014 2:29:56 PM

Post# of 58
Cancelled Agreement
and stop this though
http://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0000089800

How many Phantom Stocks out there?

Sherwin-Williams Company Analyst Notes 
On April 4, 2014 , paint and coating products maker - Sherwin-Williams Company issued a press release ( Sherwin-Williams ) announcing that it is ending its pursuit to acquire the Mexico business of coatings maker Consorcio Comex SA , after Mexican anti-trust regulator objected to the deal. Sherwin-Williams said either party had the right to terminate the agreement if it didn't close on or before March 31 2014, however, Comex accused Sherwin-Williams of breaching its obligations to use commercially reasonable efforts to close the deal. In response to Comex's accusations, the Company had filed complaint for a declaratory judgment in the Supreme Court of the State of New York , New York County on April 3, 2014 , requesting the court to declare that Sherwin-Williams has not breached the agreement and the termination was in accordance with the share purchase agreement. Sherwin-Williams will comment further on the collapse of the deal on its Q1 2014 conference call scheduled for 11:00 a.m. EDT on Thursday, April 17, 2014 . The full analyst notes on Sherwin-Williams Company are available to download free of charge at:
http://www.AnalystsReview.com/04092014/SHW/report.pdf
--
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHW News