HUN: Huntsman Merger News and Arbitrage Profit - MergerInvesting.com

2008-12-02 06:35:09
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Listed Closing Values do not include regular dividends.

Symbol Announced Date Closing Value Last Price Closing Date Profit Annualized Profit
HUN 2007-06-26 $28.00 $5.98 2009-05-31 368.23 % 746.68 %

Additional Information
If the merger is completed, holders of Huntsman common stock will receive $28.00 in cash per share of Huntsman common stock they own.

The agreement also provides that the cash price per share to be paid by Hexion will increase at the rate of 8% annually (inclusive of any dividends paid) beginning April 6, 2008, if the merger is not completed prior to that date.

Huntsman Merger News:

DateUpdate
2007-06-26 Basell to Acquire Huntsman for $25.25 per Share
2007-06-27 Basell-Huntsman Has $200M Breakup Fee (AP)
2007-07-04 Huntsman gets $27.25/share approach from Apollo (at Reuters)
2007-07-05 Apollo Tops Basell with $6.35 Billion Bid for Huntsman (Seeking Alpha)
2007-07-06 Huntsman Says Apollo Offer Is Superior (AP)
2007-07-09 Apollo Boosts Huntsman Offer to $6.5B (AP)
2007-07-10 Bidding War for Huntsman Corp. Extended (AP)
2007-07-11 Shareholder Protests Huntsman Deal (AP)
2007-07-12 Huntsman Agrees to Takeover by Apollo (AP)
2007-07-13 Huntsman to pay Apollo up to $325 mln if deal fails (at Reuters)
2007-08-20 Huntsman Announces Third Quarter 2007 Common Dividend (PR Newswire)
2007-09-16 [$$] BASF Is Ready to Pull Trigger on Acquisitions (at The Wall Street Journal Online)
2007-09-21 Huntsman to Settle Suits Over Buyout (AP)
2007-10-05 FTC seeks more information on Hexion, Huntsman deal (at Reuters)
2007-10-16 Huntsman Shareholders Approve Buyout (AP)
2007-11-13 Huntsman Announces Fourth Quarter 2007 Common Dividend (PR Newswire)
2007-12-28 Huntsman Corporation: Is This Deal Real? (at Seeking Alpha)
2008-01-10 Easing Shareholder Fears Over Apollo-Huntsman Deal (at The Wall Street Journal Online)
2008-01-26 Hexion to Exercise Right to Extend Merger Agreement (PR Newswire)
2008-02-08 Huntsman Announces First Quarter 2008 Common Dividend (PR Newswire)
2008-02-11 Huntsman Declares Quarterly Dividend (AP)
2008-02-14 Hexion-Huntsman deal uncertainty weighs on shares (at Reuters)
2008-03-05 Huntsman CEO to chair board after Hexion deal closes (at bizjournals.com)
2008-04-07 Hexion Extends Huntsman Buyout Offer (AP)
2008-05-09 Huntsman Announces Second Quarter 2008 Common Dividend (PR Newswire)
2008-05-12 Huntsman declares regular dividend of 10 cents (AP)
2008-06-10 EU extends review of Hexion plan to buy Huntsman (at Reuters)
2008-06-18 Hexion deal to buy Huntsman on verge of collapse (Reuters)
2008-06-19 Huntsman to fight Apollo effort to scuttle merger (Reuters)
2008-06-23 Hexion Responds to Huntsman Claims (Business Wire)
2008-06-23 Huntsman sues Apollo for backing out of deal (AP)
2008-06-25 Apollo v. Huntsman: The Busted Buyout Battle Royale (at The Wall Street Journal Online)
2008-06-29 Huntsman: A Good Price on a Busted Buyout Deal (at Seeking Alpha)
2008-06-30 Huntsman Pulls Trigger On Deadline Extension (at Forbes.com)
2008-07-01 European Commission Approves Merger With Hexion (PR Newswire)
2008-07-02 Hexion Comments on Huntsmans Improper Extension of the Merger Agreement and Counterclaims in Delaware Suit (Business Wire)
2008-07-08 UPDATE - Hexion says seeks to hire financing advisor (at Reuters)
2008-07-09 Court to expedite review of Huntsman, Hexion deal (AP)
2008-07-10 Huntsman Could Still Get Blacks Money (at Forbes.com)
2008-07-17 Attention Huntsman Corporation Shareholders: Law Offices Bernard M. Gross, P.C. Filed Lawsuit -- HUN (PrimeNewswire)
2008-07-24 Huntsman says approached by potential investors (at Reuters)
2008-07-25 UPDATE - Hexion sees no obligation to seek extra financing (at Reuters)
2008-07-31 Huntsman And Hexion Have Court Date (at Forbes.com)
2008-08-12 Shareholder Class Action Filed Against Huntsman Corporation by the Law Firm of Schiffrin Barroway Topaz & Kessler, LLP (PR Newswire)
2008-08-15 Huntsman Announces Third Quarter 2008 Common Dividend (PR Newswire)
2008-08-19 Huntsman sets regular dividend (AP)
2008-08-28 Hexion Comments on Proposal by Huntsman Shareholders (Business Wire)
2008-08-29 Huntsman confirms of plan to push for $6.5 bln deal (at MarketWatch)
2008-09-01 Ten Ways to Invest in Utah (at Seeking Alpha)
2008-09-08 Trial on Huntsman, Apollo merger dispute begins (at Reuters)
2008-09-08 Huntsman revises offer to save Hexion deal (at bizjournals.com)
2008-09-08 Hexion Comments on Revised Proposal by Huntsman Shareholders (Business Wire)
2008-09-09 Hunstman shares up amid court battle over buyout (AP)
2008-09-11 Huntsman CEO Testifies in Favor of Hexion Buyout
2008-09-12 Huntsman says Hexion combination to be solvent (AP)
2008-09-12 Hexion Comments on Huntsman Filing (Business Wire)
2008-09-16 Huntsman finance chief testifies in Hexion lawsuit (AP)
2008-09-30 Judge holds Hexion to Huntsman buyout proposal (AP)
2008-10-02 FTC Ends Waiting Period for Huntsman/Hexion Merger (PR Newswire)
2008-10-09 Hexion gets help from Apollo for Huntsman deal (at MarketWatch)
2008-10-13 Huntsman Continues Legal Victories (PR Newswire)
2008-10-23 Huntsman Wins Again (PR Newswire)
2008-10-27 Huntsman shareholders, Hexion parent commit added cash for deal (at bizjournals.com)
2008-10-28 Hexion and Huntsman Prepared to Complete Pending Merger; Credit Suisse and Deutsche Bank Refuse to Fund Today (Business Wire)
2008-10-29 Hexion sues banks in NY courts over Huntsman deal (AP)
2008-10-31 Banks win legal decision in Huntsman takeover (AP)
2008-10-31 Huntsman shares drop after NY judges ruling (AP)
2008-11-03 Jan. 8 trial set in Hexions suit versus banks (at Reuters)
2008-11-05 DEALTALK-Hexion could face steep risks in Huntsman bid (at Reuters)
2008-11-07 Huntsman, Hexion in talks to cut merger price--NYT (at Reuters)
2008-11-12 Huntsman preps for lawsuit against banks (AP)
2008-11-24 Court sets May trial date in Huntsman case against banks (at MarketWatch)


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