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Business
Jon Huntsman Sells Shares For Charity
by Marc S. Reisch
June 3, 2013
| A version of this story appeared in
Volume 91, Issue 22
Jon M. Huntsman, executive chairman and founder of Huntsman Corp., has sold nearly $50 million of company shares he owns to fund long-standing charitable commitments, including a $100 million promise he made to fund cancer research and expand the Huntsman Cancer Institute. The sale represents about 1% of the corporation’s outstanding shares. Huntsman says he and his family continue to be the chemical company’s largest shareholders.
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