1. Dow Chemical's Andrew Liveris Caves to Hedge Fund Activism

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    Dow Chemical's Andrew Liveris Caves to Hedge Fund Activism

    Washington | Dow Chemical agreed to appoint four new directors, yielding to an activist investor campaign that has undermined the company's Australian chief executive, Andrew Liveris. US hedge fund manager Dan Loeb has sought the break-up of the ...

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    1. Dow and Third Point will be making no further public comment on the matter and both are pleased to have resolved the matter amicably and to have arrived at an agreeable path forward.
    2. They may have overpaid, relative to doing the deal after the market crashed.

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