Georgia Gulf's (GGC) board rejects Westlake Chemical's (WLK) unsolicited $30/share acquisition...

|By:, SA News Editor

Georgia Gulf's (GGC) board rejects Westlake Chemical's (WLK) unsolicited $30/share acquisition bid and adopts a shareholder rights plan, saying Monday that the proposal is “financially inadequate and not in the best interest of Georgia Gulf stockholders.”