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Morton in mega-merger.

$4900-M merger creates global speciality chemicals firm

PHILADELPHIA, PENNSYLVANIA--Rohm and Haas has agreed to purchase Morton International, Inc. in a cash and stock transaction valued at $4900 million, including the assumption of $268 million of net debt.

The transaction creates a global speciality chemical company with a range of activities including the latter's major position in thermoplastic polyurethanes, a statement issued by the firms claimed.

"Today's announcement represents a transforming step for Rohm and Haas. The combined company wi

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