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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sat., Nov. 28, 7:59 AM

Slide #3. Cytec Industries Inc. Solvay SA

Acquirer: Cytec Industries Inc. (NYSE:CYT)
Acquiree: Solvay SA
Details: Cytec Industries Inc. (NYSE:CYT) announced today the voting results for its special meeting of common stockholders on the proposed merger with Solvay SA, a Brussels-based company. The proposal to approve the merger received support from 99.3% of the votes cast, with a total of 84.1% of outstanding shares voted.

Cytec Industries is a materials and chemicals company. Co.'s products serve a range of end markets including aerospace and industrial materials, mining and plastics. Co. has four segments: Aerospace Materials, which includes composites, carbon fiber, and structural film adhesives; Industrial Materials, which includes composite materials (automotive, motorsports, recreation, tooling, and other structural materials markets) and process materials (aerospace, wind energy, and other process materials markets); In Process Separation, which includes mining chemicals and phosphines products; and Additive Technologies, which includes polymer additives, specialty additives, and formulated resins.

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Company Name:  Cytec Industries, Inc.
Stock buyback:  CYT buyback
Sector:  Specialty Chemicals
Number of ETFs Holding CYT:  42
Total Market Value Held by ETFs:  $266.31M
Total Market Capitalization:  $5.35B
% of Market Cap. Held by ETFs:  4.98%

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November 28, 2015    7:59 AM Eastern
Quotes delayed 20 minutes

Hold (2.50 out of 4)
18th percentile
(ranked lower than approx. 82% of all stocks covered)
Based on Zacks ABR data;
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