solutia http://news.stlpublicradio.org en Eastman Chemical buying St. Louis-based Solutia for about $3.38B http://news.stlpublicradio.org/post/eastman-chemical-buying-st-louis-based-solutia-about-338b <p>Specialty chemical company Eastman Chemical Co. is buying Solutia Inc. in a cash-and-stock deal valued at about $3.38 billion to broaden its presence into emerging markets and expand its product offerings.</p><p>The companies value the deal, including debt, at about $4.7 billion.</p><p>Solutia shareholders will receive $22 in cash and 0.12 shares of Eastman stock for each share of Solutia that they own. Based on Thursday&#39;s closing prices, Solutia shareholders will receive cash and stock valued at $27.65 per Solutia share, a 42 percent premium to the company&#39;s closing price.</p> Fri, 27 Jan 2012 17:34:27 +0000 The Associated Press 2958 at http://news.stlpublicradio.org Eastman Chemical buying St. Louis-based Solutia for about $3.38B 21,000 runners get ready to rock 'n' roll in St. Louis http://news.stlpublicradio.org/post/21000-runners-get-ready-rock-n-roll-st-louis <p>More than 21,000 runners and walkers will wind their way through St. Louis city streets this Sunday as part of the Rock &#39;n&#39; Roll Marathon and half-marathon.</p><p>The race is unique because it will feature 26 live bands and 18 local cheerleading squads performing along the course. The band Sugar Ray will headline a concert at the finish line. Margie&nbsp;Martin, the event&rsquo;s manager, says they were surprised by how many people signed up to participate in this, the first Rock-n-Roll Marathon here.&nbsp;</p> Fri, 21 Oct 2011 21:36:44 +0000 Bill Raack 2308 at http://news.stlpublicradio.org 21,000 runners get ready to rock 'n' roll in St. Louis