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COVINGTON, Ky., June 1 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) ("Ashland") announced today that it is commencing tender offers to purchase for cash any and all the following outstanding Notes (having the CUSIP Nos. specified in the table below): 6.625% Senior Notes, 8.80% Debentures, 9.35% Series B Medium-Term Notes, 9.20% Series D M...
COVINGTON, Ky., June 1 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) announced today that it will hold a special meeting of shareholders on June 29, 2005 at which shareholders will be asked to approve the previously announced agreement to transfer Ashland's 38-percent interest in Marathon Ashland Petroleum LLC (MAP) and two other businesse...
LEXINGTON, Ky., May 31 /PRNewswire-FirstCall/ -- Valvoline, a division of Ashland Inc. (NYSE: ASH), has completed its purchase of Car Brite, a leading marketer of products for the U.S. professional automotive reconditioning industry, from E & A Industries of Indianapolis, Ind., in a cash transaction. The purchase price was not disclosed....
COVINGTON, Ky., May 24 /PRNewswire-FirstCall/ -- Daragh L. Porter has been named Ashland Inc. (NYSE: ASH) vice president, finance, and treasurer effective immediately. The announcement was made by J. Marvin Quin, Ashland Inc. senior vice president and chief financial officer, to whom Porter will report. In her new role, Porter will add responsi...
COVINGTON, Ky., May 18 /PRNewswire-FirstCall/ -- The board of directors of Ashland Inc. (NYSE: ASH) today declared the regular quarterly dividend of 27.5 cents per common share on the company's stock, equivalent to an annual dividend of $1.10 per share. (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO ) Th...
COVINGTON, Ky., May 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ashland Inc. (NYSE: ASH) and Marathon Oil Corporation (NYSE: MRO) today executed a closing agreement with the IRS regarding various tax consequences of the companies' amended agreement under which Ashland plans to transfer its 38-percent interest in Marathon Ashland Petroleum ...
LEXINGTON, Ky., May 4 /PRNewswire-FirstCall/ -- Valvoline, a division of Ashland Inc. (NYSE: ASH), has signed an agreement to purchase Car Brite, a leading marketer of products for the U.S. professional automotive reconditioning industry, from E & A Industries of Indianapolis, Ind., in a cash transaction. The purchase price was not disclose...
COVINGTON, Ky., April 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ashland Inc. (NYSE: ASH) today announced that it has amended its agreement to transfer its 38-percent interest in Marathon Ashland Petroleum LLC (MAP) and two other businesses to Marathon Oil Corporation (NYSE: MRO). Under the amended agreement, Ashland's interest in these b...
COVINGTON, Ky., April 25 /PRNewswire-FirstCall/ -- The following was issued today by Ashland Inc. (NYSE: ASH): (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO ) Fiscal 2005: March quarter highlights - Net income of 44 cents a share compared to prior-year loss. - Chemical Sector operating
COVINGTON, Ky., April 19 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) today announced that on Monday, April 25, at 10:00 a.m. (EDT), it will conduct a live audio webcast of its second quarter earnings presentation to the investment community. The call will cover results for the quarter ended March 31, the second quarter of Ashland's 2005 ...
COVINGTON, Ky., April 4 /PRNewswire-FirstCall/ -- Gary A. Cappeline, president and chief operating officer of the Chemical Sector of Ashland Inc. (NYSE: ASH), today announced the movement of Elizabeth "Liz" Potts and Marcello Boldrini to new positions on the company's senior management team, effective May 1, 2005. (Photo: http://ww...
FINDLAY, Ohio, March 31 /PRNewswire-FirstCall/ -- Marathon Ashland Petroleum LLC (MAP) today announced an agreement with Motiva Enterprises LLC to purchase one of Motiva's three Port Everglades terminals located in Ft. Lauderdale, Florida. The transaction is expected to close in early June, pending completion of various pre-closing activities....
COVINGTON, Ky., March 10 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) received a letter from Atticus Capital, L.L.C., an investment management firm, which states that Atticus holds Ashland common stock and expresses Atticus' concern regarding Ashland's previously announced proposed transaction with Marathon Oil Corporation for the transfe...
COVINGTON, Ky., Feb. 8 /PRNewswire-FirstCall/ -- Ashland Inc. today provided further guidance on the status of a proposed transaction with Marathon Oil Corporation ("Marathon"). On March 19, 2004, Ashland announced the signing of an agreement under which it would transfer its 38-percent interest in Marathon Ashland Petroleum LLC ("MAP") and two...
COVINGTON, Ky., Jan 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ashland Inc. (NYSE: ASH) announced today that it has made a revision to its first quarter fiscal 2005 results issued on January 25, 2005. As a result, net income was reduced to $94 million, or $1.28 a share, for the December 2004 quarter rather than the previously reported $10...
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