RE: Rohm & Haas Co. (ROH) by Dow Chemical Co. (DOW)
Acquirer: DOW
Target: ROH
Offer per share: $78 cash
Target share price: $56.76
Expected closing: 1/15/2009
ROI: 37.42%
Annualized gain: off the charts
The reason for the huge gap is the dumping of the Kuwait/DOW partnership this past weekend.  Many feel the deal for ROH will get cancelled, since DOW was counting [...]