InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,964.88
(
1.08%
)
Post# of 67237
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

wave runner

Send PM Follow Ignore
Followers 0
Posts 146
Boards Moderated 0
Alias Born 06/10/2010

wave runner

Re: rjhstock post# 62138

Thursday, 07/01/2010 3:47:14 PM

Thursday, July 01, 2010 3:47:14 PM

Post# of 67237
Just saw this, apologies if old news.


Chemtura Corp. (CEMJQ) has struck a deal to sell its stake in a Dutch joint venture that will pay the chemical company $5 million and allow it to unload $14.25 million in environmental and pension liabilities.

In papers filed Wednesday with the U.S. Bankruptcy Court in Wilmington, Del., Chemtura said the deal will allow it divest a petroleum-additive business that contributes little to its bottom line but exposes it to potentially expensive obligations.

The sale to Sonneborn B.V. will enable Chemtura to ...

(I got cut off by WSJ on the balance not being a subsriber
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up