COLUMBUS, OH - Hexion Holdings Corp. announced that stockholders holding approximately 64.32% of the outstanding shares of common stock of the company delivered to the company written consents approving the proposed acquisition of Hexion Holdings by affiliates of American Securities LLC. Under and subject to the terms of the definitive merger agreement with affiliates of American Securities LLC, Hexion stockholders will be entitled to receive $30.00 in cash for each share of common stock they own.
Additional information about Hexion Inc. is available at www.hexion.com.