Westlake Chemical Discloses Proposal To Acquire Axiall Corporation For $20.00 Per Share In Cash And Stock

Axiall Board Summarily Rejected Proposal that Represented 108% Premium to Axiall Closing Share Price as of January 22, 2016 Proposal Provides Axiall Shareholders Immediate Cash Value and Better Growth Potential Through Ownership in a Stronger Combined Company HOUSTON , Jan.