Houston-Westlake Chemical Corp. has increased its proposal to acquire all of the outstanding shares of Axiall Corp. to $23.35 per share from its original offer of $20 per share, which had been unanimously rejected by Axiall's board earlier this year (PCN, 22 Feb 2016, p 2). The revised proposal was also unanimously rejected, confirmed Axiall President and Chief Executive Timothy Mann Jr. "Despite its request, Axiall was not provided the opportunity to conduct due diligence with respect to West-lake's business, which it would need given the substantial stock component to Westlake's proposal," Axiall noted.
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机译：休斯顿西湖化学公司已将其收购Axiall Corp.的所有流通股的提议从最初的每股20美元提高到每股23.35美元，该报价已于今年早些时候被Axiall董事会一致拒绝（PCN，2月22日） 2016，p 2）。 Axiall总裁兼首席执行官蒂莫西·曼恩（Timothy Mann Jr）证实，修改后的提案也被一致拒绝。西湖的提议。” Axiall指出。
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