*That's* Why You Look so Familiar!

Dow Chemical is negotiating to buy a chemical company called Rohm and Haas. The merger negotiations have became so acrimonious that Dow sued to get Rohm and Hass' lawyers disqualified. High praise indeed for Wachtell Lipton. But today, with the laughter of the Delaware Chancery Court ringing in their ears, Dow is going back to the negotiating table - essentially because the negotiations have been going on for years and Dow just noticed that Wacthell Lipton was actually their law firm. Click here to read the Deal Professor's analysis and see the decision.