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Hexion Holdings Corp. announced that stockholders holding approximately 64.32% of the outstanding shares of common stock of the company delivered consent approving the proposed acquisition of Hexion Holdings by affiliates of American Securities LLC.
Hexion Holdings Corp. announced that its Board of Directors authorized a share repurchase program of up to $50 million of the company’s outstanding common shares.
Hexion Inc. announced the planned retirement of Craig O. Morrison, Chairman, President and Chief Executive Officer of the company, after more than 12 years of service and a distinguished career in the chemical and industrial industries.
