Axiall Corp. (AXLL) Tops Q4 EPS by 9c
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Galata Chemicals to Acquire Axiall's (AXLL) Solucor Business
February 25, 2016 5:00 PM ESTAxiall Corporation (NYSE: AXLL) has signed an agreement to sell certain assets of its compound additives business, known as Solucor, and its manufacturing facility located in Bradford, Ontario, to Galata Chemicals of Southbury, Conn. The transaction is expected to become effective at the end of day on Feb. 29, 2016. Terms of the transaction... More
Axiall (AXLL) Under Pressure to Capitulate and Sell
February 25, 2016 2:18 PM ESTUnder pressure from investors and its unsolicited suitor, Axiall (NYSE: AXLL) is expected to finally go to the table with Westlake Chemical (NYSE: WLK) and agree to a revised takeover bid. Axiall reports quarterly results after the close, however investors will mainly be focused on an update on strategic alternatives.
In January, Westlake went... More
