Chemtura Corp (fka CHMT)

[wall_street61]

Glad you brought that up because I think Chemtura is in alot better position. Pilgrims is basically selling out....albiet only 64%, but JBS gains total control of the company. Shareholders keep 36%. Not a great deal, but whatever since i dont own any anymore.

Chemtura has more options than Pilgrims. Pilgrims has one product stream. Chemtura has several. Therefore, Chemtura can sell off a portion and the shareholders can remain intact @ 100%. (hopefully) Pilgrims couldn't sell off a portion to amount to anything without competing with their former selves.

Also chemtura wouldn't be competing against whatever they just sold....like pilgrims would have to.

I'd much rather sell off 25% of the company and keep 100% of the stock, than do a deal like pilgrims did.

When the news comes that crop protection and plastic additives are a done deal, it should be the same time a POR will be floated.