Solstice (SOLS) and Element Solutions (ESI) Call Off Their $14.5 Billion Combination
Solstice (SOLS) and Element Solutions (ESI) terminated their $14.5B merger due to shareholder feedback. Solstice authorized a $500M buyback and reaffirmed guidance. Both companies' shares rose in after-hours trading. Solstice reported Q2 sales up 11% to $1.148B, while Element saw Q2 sales up 56% to $978M.






