Dupont and Dow Make Their Huge Merger Official

"The two largest chemical companies in America will become one entity named DowDuPont, as Dow Chemical and DuPont say they're joining in a 'merger of equals.' The new company will have a market capitalization of around $130 billion."

"After the merger, the resulting behemoth would be split into what Dow Chairman and CEO Andrew Liveris calls 'three powerful new companies,' with a combined revenue of around $83 billion."

"Now that the two companies' boards of directors have agreed to terms, their shareholders will also need to affirm the merger. Terms of the agreement state that Dow shareholders will get 1 share of the new enterprise for each Dow share they own, while DuPont shareholders will get 1.28 shares. They will own about 50 percent of the new enterprise."

"The massive deal also will need the approval of federal regulators."