Hundreds of articles carried the story today that Dow Chemical has agreed to a revised offer easing its financial difficulties in closing its acquisition of Rohm and Haas, parent to Salt Institute member Morton Salt. The sale will close before April 1, Rohm and Haas and Dow Chemical both announced. The agreement settles litigation brought by Rohm and Haas to enforce an earlier agreement to combine the companies.

Dow Chemical announced that it would sell three assets, including Morton Salt, to generate an estimated $4 billion to finance the acquisition. Dow announced that interested parties have already submitted bids which Dow will evaluate in the "coming weeks."