iBankCoin
Joined Nov 11, 2007
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FLASH: WLK BIDS $30 FOR GGC

“Since the initial delivery of our proposal on September 20, 2011, we have made numerous attempts to engage in meaningful dialogue with Georgia Gulf and have expressed our willingness to explore, pursuant to a customary confidentiality agreement, whether opportunities exist that would justify increasing our proposal price. However, Georgia Gulf has been unwilling to provide us with information that would allow us to explore these opportunities or to enter into substantive discussions. We urge the Georgia Gulf Board to act in the best interests of its shareholders by meeting with us to seriously discuss our compelling proposal.” Westlake also noted that it has acquired shares representing approximately 4.8% of the outstanding common shares of Georgia Gulf.

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