Press Releases
Ashland, Marathon and IRS Reach Closing Agreement on Taxation of MAP Transfer 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
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
- Delivers $915 Million in Marathon Stock Directly to Ashland Shareholders - Transaction Remains Tax-Free to Ashland Shareholders - Marathon Agrees to Pay up to the First $200 Million in Certain Taxes
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.
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
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,
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
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
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
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