Dow Chemical and DuPont, two of the biggest and oldest companies in the American chemical industry, are in talks to merge in what would be one of the largest transactions in a year full of huge deals, people briefed on the matter said on Tuesday.
Under the terms being discussed, a merger of the two companies — each with a market value of roughly $60 billion — could eventually be followed by a breakup of the company, two of these people said.
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