Element Why Element Solutions shares rise $TRUMP
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Element Solutions Inc shares rose by 2.6% in after-hours trading following the company’s and Solstice Advanced Materials’ joint announcement that they have mutually terminated the merger agreement, with neither party required to pay a termination fee. The deal was announced on 06/07/2026 and provided that ESI shareholders would receive 0.50 share of Solstice common stock plus $10.00 in cash for each share they own, implying a total value of about $50.10 per share at the time of announcement. Solstice’s board chairman said both boards reached a unanimous conclusion that terminating the agreement is in the best interest of shareholders, employees, and customers of both companies, following consultations with investors.