Found September 01, 2012 on Tireball.com:
PLAYERS: Jeff Gordon
The DuPont Company has agreed to sell its auto paint business in an almost $5 billion cash deal, advancing its strategy to move out of oil-based products and delve more deeply into advancing agriculture, nutrition and renewable fuels. The company announced the $4.9 billion sale of its DuPont Performance Coatings business, a cornerstone in the firm’s traditional lines, to The Carlyle Group, a global asset management firm. The transaction is expected to close early in 2013, and [...]
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