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Latest Hercules Inc. Stories

2008-08-05 03:00:37

By Anonymous The Deal; Ashland Inc. has agreed to purchase Hercules Inc. for about $2.6 billion in a cash and stock transaction. Under the terms of the deal, Ashland will pay S 18.60 in cash plus 0.093 shares of its stock in exchange for each share of Hercules. Based on recent closing prices, the deal values Hercules at $23.01 per share. Ashland will also assume certain Hercules debt, bringing the total deal value to around $3.3 billion. The companies expect the deal to close by the end of...

2008-07-15 09:00:44

CHICAGO, July 15 /PRNewswire-USNewswire/ -- U.S. Environmental Protection Agency Region 5 has reached an agreement with Hercules Inc. on alleged clean-air violations at the company's chemical plant at 5228 N. Hopkins St., Milwaukee, Wis. The agreement, which includes a $22,500 penalty, resolves EPA allegations that Hercules failed to comply with regulations requiring the facility to control leaks of hazardous air pollutants from its equipment. EPA said Hercules had an uncapped open-ended...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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