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Tuesday, March 8, 2011

Styron planning IPO - sources

Plastics company Styron Corp is planning an initial public offering less than nine months since private equity firm Bain Capital bought it from Dow Chemical , two sources familiar with the situation said on Tuesday. The lead underwriters on the IPO are expected to be chosen in the next few weeks, one of the sources said. The sources cautioned that the details are preliminary and could change. The information is not public and the sources declined to be named.

Source