Solutia is the mother company of many well-known brands of window films like Llumar, Southwall, Huper Optik, and V-Kool. News dropped this week that Eastman has entered an agreement to purchase all of Solutia, creating a behemoth of a company.
“The merger is financially compelling for Solutia’s shareholders, delivering immediate value and enabling investors to benefit over the long term from the combined company’s growth,” Zona adds. Solutia shareholders will receive cash and stock valued at $27.65 per Solutia common share,