DuPont to sell theatre after activist criticism
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
US chemical giant DuPont is getting ready to take its bow from musical theatre. The chemical company said on Monday it will sell a 100-year-old company-owned theatre, four months after shareholder activists highlighted the asset as an example of DuPont's mismanagement.
The Dupont Theatre will be acquired by the Grand Opera House, another performing-arts organisation in Wilmington, Delaware, where DuPont is based. The theatre will be renamed the Playhouse on Rodney Square, DuPont said. Financial terms were not disclosed.
Share with us your feedback on BT's products and services
TRENDING NOW
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Aiming at China, Malaysia puts new restrictions on electric cars
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
