A Billion Dollar Breakup: The Unlikely Benefits of Scrapping the Solstice Element Merger The high stakes game of corporate consolidation has been dealt a rare setback, as Solstice Advanced Materials and Element Solutions have called off their $14.
5 billion merger plans. This sudden turn of events may seem like a loss for both parties involved, but upon closer inspection, it's clear that this breakup is not without its benefits.
For Solstice, the decision to walk away from the deal removes significant financial risks associated with the acquisition. The proposed combination would have saddled the company with a $4.