We suspect Dow's (DOW) banks have some 'out' of their committment to fund the Rohm & Haas...

|By:, SA News Editor

We suspect Dow's (DOW) banks have some 'out' of their committment to fund the Rohm & Haas (ROH) deal, Buckingham Research says, in the event Dow's business collapses. "With Q4 already looking like a disaster, perhaps Dow could 'throw in the kitchen sink' and produce results so bad that the banks could pull out of the bridge facility." Ouch.