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Investor Harold Simmons Faces Criticism Over Valhi NL Tie
Dallas based investor Harold Simmons plans to merge Valhi Inc with NL Industries, a move analysts say harms NL's value by linking to Lockheed. The offer values NL at about $400 million, aiming to bolster Valhi's balance sheet while Valhi would remain publicly traded.
MENTIONED IN THIS ARTICLE
Dallas
Harold Simmons
Valhi Inc
Diversified
Comany
Houston
NL Industrie: Inc
Valhi
NL Industries
Simmons
J. Landis Martin