"Dutch industrial paints and chemicals company AkzoNobel on Monday rejected a third unsolicited takeover bid from American rival PPG Industries, worth $28.8 billion, saying it was not in the interests of shareholders." AkzoNobel CEO, Ton Buchner, looks forward to future plans of spinning off a specialty chemical division amidst this offer. Although a large offer, Mr. Buchner seems to have the longevity of his corporation in mind rather than a dollar amount. The article cites "a lack of cultural understanding, no substantive commitments to stakeholders, [as well as] significant risks and uncertainties". Share value had dropped over the past couples of days, but it will be interesting to see how the company's future plays out.