Westlake Chemical (WLK) withdraws its $1.2B bid to buy Georgia Gulf (GGC) after a sweetened...

|About: Westlake Chemical Corporation (WLK)|By:, SA News Editor

Westlake Chemical (WLK) withdraws its $1.2B bid to buy Georgia Gulf (GGC) after a sweetened $35/share offer was rejected as too low. WLK says it plans to sell its 4.8% stake in GGC “as market conditions permit.” WLK +1.2%, GGC -9.5% AH.