mergers & acquisitions

DowDupont Merger "Environmental" Expectations

With news of the merger / $130Billion "Megadeal" between Dupont and Dow Chemical, and proposal to split into three groups (specialty products, agriculture, materials), job reductions are anticipated, 16 directors would be established, and shareholders would hold 50% of DowDupont.  However, what should be expected for the environmental liabilities associated with each "former" Giant?  Should we expect the same optimism for Pompton Lakes that was presented for Dupont's proposed Chemours spinoff company earlier in the year?   How about in West Virginia?  Realistically, let’s hope that there are minimal delays in the remedial progress (including assignments of the remedial managers), as the corporate lawyers, regulators, consultants, and experts sort it out, and most importantly let's hope that the safety (and future) of those that are/were directly affected from past environmental releases are kept paramount.