Bloomberg Law
Feb. 26, 2016, 4:04 PM UTC

Scalia’s Death Prompts Dow to Settle Suits for $835 Million

Bloomberg Media

By Jef Feeley and Greg Stohr, Bloomberg News

Dow Chemical Co. said it agreed to pay $835 million to settle an antitrust case that was on appeal to the U.S. Supreme Court in the wake of Justice Antonin Scalia’s death earlier this month.

Dow, the largest U.S. chemical maker by sales, said Friday the accord will resolve its challenges to a $1.06 billion award to purchasers of compounds for urethanes, chemicals used to make foam upholstery for furniture and plastic walls in refrigerators.

The Midland, Michigan-based company disputed a jury’s finding it had conspired with four other chemical makers to ...

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