FTC allows Dow to sell Morton Salt to K+S

 Salt
September 26, 2009
Dow Chemical Co., the largest U.S. chemical maker, won U.S. approval to sell its Morton Salt business to K+S AG for $1.68 billion.
K+S must divest its bulk deicing salt assets in Maine and Connecticut to prevent the combined company from controlling 70% of the market in those states, the Federal Trade Commission said Friday in an e-mailed statement. Morton is the biggest salt producer in North America.
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