Audio – Liveris’ life lesson after takeover rumors
It’s been a lively year to say the least for Andrew Liveris, Dow Chemical’s CEO. Press reports about plans from private equity and banking consortiums to take over his company sparked a jump in Dow shares. An investigation into where those rumors may be coming from led him to fire two senior executives for conversations with bankers from JPMorgan about a deal — the contents of which are under dispute in a series of lawsuits that has dragged him as well as JPMorgan CEO Jamie Dimon to the center of the spat. So what does he take away from the rocky experience?