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Published on 12/18/2008 in the Prospect News Special Situations Daily.

Huntsman shareholder D.E. Shaw sells more than 12.5 million shares

By Lisa Kerner

Charlotte, N.C., Dec. 18 - A group of investors led by D.E. Shaw Valence Portfolios LLC sold 12,516,850 shares of Huntsman Corp. on Dec. 15 through Dec. 17 at prices from $2.90 to $3.56 per share.

The investors beneficially own 9,240,411 shares, or 3.9%, of Huntsman, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Huntsman, based in Salt Lake City, manufactures differentiated chemicals and pigments.


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