Kraton Corp. recently announced that its stockholders have approved the proposed acquisition of Kraton by DL Chemical Co., Ltd. Under the terms of the definitive merger agreement with DL Chemical, Kraton stockholders will receive $46.50 in cash for each share of Kraton common stock they own.

“We are pleased that our stockholders have voted overwhelmingly in favor of the merger with DL Chemical,” said Kevin M. Fogarty, Kraton’s president and CEO. “We believe the transaction provides significant value for Kraton stockholders, and that the ownership of Kraton by DL Chemical will extend Kraton’s global reach and provide a broad platform for further investment in, and expansion of, Kraton’s product offerings for the benefit of all of Kraton stakeholders.”

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