April 13, 2007

Dow fires 2 over talk of sale

Wayne State University law professor Peter Henning, a former Securities and Exchange Commission attorney, commented about Dow Chemical's firing of two senior employees Thursday saying it learned that the pair had engaged in unauthorized talks with outsiders about a sale of the company. Henning said Dow \"is drawing a line in the sand and saying that we\'re not for sale. They are sending a message to private equity don\'t come snooping around here.\"

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