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Grassley Disappointed Dow-DuPont Merger Will Move Headquarters To Delaware

Friday’s announcement by Dow and DuPont that they would be relocating their headquarters to Delaware left Iowans wondering about the future of an iconic Iowa Company, according to Senator Chuck Grassley. He said it may not have been what was hoped, but it underscores the value of Pioneer’s outstanding employees and innovative research and development. It is also further evidence that the people of Iowa are again our greatest asset. He hopes this new entity will continue to embrace the unique and strategic resources of Iowa and its workforce. Still at issue, however, is the antitrust review to maintain a fair and competitive marketplace. The company is under scrutiny as this merger would create a chemical-industry giant in both agriculture and industrial materials with a market value of more than $130 billion. Grassley said he will continue to listen to concerns from farmers and consumers about the merger.