Huntsman says Hexion combination to be solvent

DealBook: Banks Won’t Finance Huntsman Deal
Huntsman and Hexion Specialty Chemicals said that their proposed merger will not close on schedule because the banks committed to financing the deal are unwilling to lend the necessary money.

Notable Mergers and Acquisitions of the Day 10/28:...
Hexion Specialty Chemicals, Inc. announced today that late last night Hexion received correspondence from counsel to affiliates of Credit Suisse (NYSE: CS) and Deutsche Bank (NYSE: DB)...

Banks won't fund Hexion-Huntsman deal
The Huntsman chemicals company says two banks providing funding for its disputed takeover by Hexion Specialty Chemicals have backed out of the deal.

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