SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of Report (Date of earliest event reported): December 1, 1999
THE DOW CHEMICAL COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-3433 38-1285128
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) No.)
2030 Dow Center, Midland, Michigan 48674
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (517) 636-1000
Not applicable
(Former name or former address, if changed since last report.)
Item 5. Other Events
Union Carbide Corporation issued a press release on December
1, 1999, the text of which is as follows:
UNION CARBIDE
NEWS RELEASE
UNION CARBIDE SHAREHOLDERS APPROVE PLAN FOR MERGER
WITH DOW CHEMICAL
DANBURY, Conn., Dec. 1 -- Union Carbide Corporation (NYSE: UK)
today announced that its shareholders have voted to adopt the
agreement and plan of merger between the corporation and The Dow
Chemical Company (NYSE: DOW).
More than 99.9 million shares were voted in favor of the merger,
representing approximately 96 percent of the shares voted and 74
percent of the outstanding shares as of the record date of Oct. 4,
1999. A vote of two-thirds of the outstanding shares was required
to approve the merger.
Filings alsoregarding the merger have been made with the U.S.
Federal Trade Commission, the European Commission and other
regulatory authorities. The merger is expected to take place
following completion of the necessary regulatory reviews.
"I am very excited about this opportunity for Union Carbide to join
forces with Dow to create what we believe will be the world's
premier diversified chemical company," said Union Carbide Chairman
and CEO William Joyce. "With leading technologies and outstanding
facilities and people, we believe the new Dow will offer even
stronger long-term prospects for profitable growth and enhancing
shareholder value, while also delivering enhanced value to
customers and end-use consumers."
Contact for Union Carbide Corporation:
Name: Sean S. Clancy
Phone: (203) 794-6976
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
THE DOW CHEMICAL COMPANY
Registrant
/s/ J. P. REINHARD
J. Pedro Reinhard
Executive Vice President and
Chief Financial Officer
Date: December 1, 1999
