(Reuters) - NEW YORK, April 9 - Dow Chemical Co. , responding to a British newspaper report that a consortium was preparing a $50 billion bid for the company, said on Monday it has had no discussion about a leveraged buyout.
The statement sent Dow shares down 1.1 percent to $46.10 in after-hours trading, after they had risen 4.9 percent to $46.63 during trading on the New York Stock Exchange.
Read more at Reuters.com Mergers News
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