Olin Corp to Merge with Huntsman Corp in All-Stock Deal

Olin Corporation announced it has entered into a Merger Agreement with Huntsman Corporation for a combination in an all-stock merger of equals transaction. The boards of directors of both companies have unanimously approved the agreement. The transaction can be structured as either a Direct Merger where Olin survives, or Subsidiary Mergers where an Olin subsidiary survives. Huntsman shareholders will receive 0.5476 shares of Olin common stock for each share of Huntsman common stock they own.