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Chemicals powerhouse. According to reports, two of americas oldest companies, dupont and dow chemical, are in advanced merger talks. Both have market values around 60 billion, and the deal will likely be billed as a merger of equals. The wall street journal reports the combined firm would then split into three focused on agriculture, Speciality Chemicals and materials, and that sent shares of both companies soaring. Both dow component dupont and dow chemical rallied about an equal amount, a little less than 12 . If the deal goes through, it would cap a tumultuous year for dupont, whose ceo stepped down in october after winning a proxy battle waged by an activist investor. And a merger would be one of the years biggest. Reporter why . Why would dupont, founded more than 200 years ago, and dow, more than 100 years old, the top two suppliers of Industrial Chemicals a ....