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Stock Market & Financial Investment News

News Breaks
June 22, 2012
09:03 EDTTAM, LFLTAM, LAN Airlines says all conditions met for exchange offer
LAN Airlines (LFL) and TAM S.A. (TAM) announce that all conditions have been met and, therefore, the exchange offer is immutable and irrevocable. The auction is confirmed to take place today at 9:00 am Eastern Daylight Time.
News For LFL;TAM From The Last 14 Days
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December 19, 2014
06:57 EDTLFLLATAM Airlines downgraded to Neutral from Outperform at Credit Suisse
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December 9, 2014
10:23 EDTLFLOn The Fly: Analyst Downgrade Summary
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07:59 EDTLFLLATAM Airlines downgraded to Underperform from Neutral at BofA/Merrill
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December 5, 2014
12:08 EDTTAMEastman Chemical sees Taminco acquistion accretive to FY15, FY16 earnings
Eastman Chemical (EMN) announced the completion of its acquisition of Taminco (TAM), a global specialty chemical company, for a total of $2.8B in cash and assumed debt. The acquired Taminco businesses are expected to be accretive to 2015 earnings per share by greater than 35c, excluding acquisition-related costs and charges, and to 2016 earnings per share by greater than 60c. Taminco's former Specialty Amines and Crop Protection businesses will be operated as part of the Additives & Functional Products segment and its former Functional Amines business will be operated as part of the Specialty Fluids & Intermediates segment. Taminco stockholders are entitled to receive $26.00 in cash for each share of Taminco common stock. Taminco's common stock has been delisted from trading on the New York Stock Exchange.

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