Solutia

The location of the Sauget Area 1 Superfund site.
MAPBOX, OPENSTREETMAP

Four chemical companies could have to pay $14.8 million to clean up a federal Superfund site in Sauget.

The settlement, which needs court approval, would address groundwater contamination, cap some of the waste and install a well monitoring system. 

Industrial waste has been dumped in six sites within the Sauget Area 1 Superfund from the 1930s until the 1980s. The Environmental Protection Agency has been investigating the site since the early 1980s.

(Courtesy Solutia)

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.

The companies value the deal, including debt, at about $4.7 billion.

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's closing prices, Solutia shareholders will receive cash and stock valued at $27.65 per Solutia share, a 42 percent premium to the company's closing price.

(Map courtesy Competitor Group, Inc.)

More than 21,000 runners and walkers will wind their way through St. Louis city streets this Sunday as part of the Rock 'n' Roll Marathon and half-marathon.

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 Martin, the event’s manager, says they were surprised by how many people signed up to participate in this, the first Rock-n-Roll Marathon here.