TPC Group (TPCG) receives a non-binding all-cash purchase offer of $44-46/share from Innospec...

|About: TPC Group Inc (TPCG)|By:, SA News Editor

TPC Group (TPCG) receives a non-binding all-cash purchase offer of $44-46/share from Innospec (IOSP) and Blackstone (BX). The board continues to recommend August's $40 buyout offer from First Reserve and SK Capital, but expects Innospec's play to eventually be the Superior Proposal. (PR)