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Rohm & Haas jumps 67 pct on Dow deal

NEW YORK
Thu Jul 10, 2008 7:45am EDT

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NEW YORK (Reuters) - Rohm & Haas Co ROH.N shares rose 67 percent to $75 after Dow Chemical Co (DOW.N) announced it would buy the specialty chemicals and electronics maker for $18.8 billion.

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Shares of Dow Chemical dropped 2.1 percent to $33.24.

(Reporting by Deborah Jian Lee; Editing by Kenneth Barry)
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