Jim Cramer Says Solstice-Element Merger Would Create a 'Chemical Tech Powerhouse': Stocks Could 'Go Higher'
CNBC’s Jim Cramer strongly endorsed a potential merger between Honeywell International‘s (NASDAQ:HON) spinoff Solstice Advanced Materials Inc. (NASDAQ:SOLS) and Element Solutions Inc. (NYSE:ESI) on Monday. Cramer Backs Megamerger Reacting to financial reports of a $27 billion tie-up, Cramer stated that shares of both companies could “go higher†because the combination “would create a chemical tech powerhou…
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