Kraton Performance board withdraws recommendation on LCY pact Earlier today, Kraton Performance Polymers notified Taiwan-based LCY Chemical Corp. that its Board of Directors intends to withdraw its recommendation that Kraton stockholders approve the previously announced Combination Agreement under which Kraton would combine with LCY's styrenic block copolymer operations. Shares of Kraton Performance are trading higher by 2% in morning trading.
News For KRA From The Last 14 Days
Check below for free stories on KRA the last two weeks.
Kraton Performance receives termination notice of combination agreement from LCY Kraton Performance announced that on August 8, 2014 it received notice from LCY Chemical Corp. that LCY had exercised its right to terminate the Combination Agreement between Kraton and LCY following the Kraton board's August 6, 2014 withdrawal of its recommendation that Kraton's stockholders approve the Combination Agreement. The termination notice from LCY declared that the termination was effective as of August 8.