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GEORGETOWN, Del. — Dow Chemical reached a tentative deal Monday to complete its disputed $15 billion buyout of Rohm & Haas.
The combined company will shed more jobs than originally planned and freeze salaries this year.
Rohm & Haas shareholders will still get $78 per share but not all of it in cash, a concession that allows Dow to take on billions less in debt than if the deal were to close under the original terms.
