Bidding War for TPC Group (TPCG) May Have Just Begun

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TPC Group (TPCG) Receives Higher $47.50/Sh Bid from Innospec (IOSP)

November 15, 2012 7:09 AM EST

TPC Group Inc. (Nasdaq: TPCG) received a revised non-binding expression of interest to be acquired by Innospec Inc. (Nasdaq: IOSP).

In its letter, Innospec stated that its board of directors has authorized it to increase its... More

TPC Group (TPCG) Investment Fund Sale Receives EC Clearance

November 9, 2012 3:01 PM EST

TPC Group Inc. (Nasdaq: TPCG) announced that its sale to affiliates of investment funds sponsored by First Reserve Corporation and SK Capital Partners has received antitrust clearance from the European Commission.

With this antitrust clearance from the European Commission, as well as the early termination of the required waiting period under the Hart-Scott-Rodino Act, which was announced on September 25, 2012, no further... More