DuPont (NYSE: DD) and The Dow Chemical Company (NYSE: DOW) today announced that their boards of directors unanimously approved a definitive agreement under which the companies will combine in an all-stock merger of equals. The combined company will be named DowDuPont. The parties intend to subsequently pursue a separation of DowDuPont into three independent, publicly traded companies through tax-free spin-offs. This would occur as soon as feasible, which is expected to be 18-24 months following the closing of the merger, subject to regulatory and board approval.

http://www.zerohedge.com/news/2015-12-11/dow-dupont-merge-130-billion-deal-10-dowduponts-workforce-be-fired

It is always fun to read such on resources owned by Austrian school fanatics. You literally hear the noise of old non working rusted neurons clinging.