01 February 2012 17:33 [Source: ICIS news]
(updates with response from Georgia Gulf and analyst's comment)
In a filing with US securities regulators, Georgia Gulf acknowledged Westlake’s increased $35/share bid but said this still did not reflect Georgia Gulf's underlying intrinsic value “which we view as well above prevailing stock market prices”.
However, Carrico insisted that
Meanwhile, a chemical industry analyst said that
Hassan Ahmed, head of research at New York-based equity research firm Alembic Global Advisors, also said that
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