Solutia (SOA) volatility at 39 into $4.7B acquisition by Eastman Chemical (EMN)

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Solutia (NYSE: SOA) definitively agreed to be acquired by Eastman Chemical (NYSE: EMN) for cash and stock valued at $27.65 a share. SOA overall option implied volatility of 39 is below its 26-week average of 57 according to Track Data.

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