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Westlake's Hostile Campaign Pays Off With $3.8B Axiall Deal

By Chelsea Naso ( June 10, 2016, 2:07 PM EDT) -- Texas-based Westlake Chemical Corp. won over Axiall on Friday with a buyout offer worth $3. 8 billion, including debt, heading off a proxy fight over Axiall's entire 10-member board of directors just a week before the Atlanta-based chemical and building products company's annual shareholder meeting. . . .

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