Quoting sources close to the deal, The Sunday Express, a UK tabloid paper, said a financing package has been put in place for a break-up bid of between $52 to $58 a share and an approach valuing the company at least $50 billion could come by the end of this week.
Dow's shares closed up 35 cents at $44.47 on the New York Stock Exchange on Thursday.
Edited by Rogerdodger, 08 April 2007 - 09:32 PM.