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  "documentTitle": "Huntsman Corporation (HUN)",
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      "text": "Huntsman repeatedly told shareholders that it would not take on leverage to execute large M&A.",
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      "text": "The Company had consistently communicated to shareholders that it was focused on achieving an investment grade debt profile and was not interested in adding debt to execute large M&A transactions.",
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      "text": "Smaller bolt-on acquisitions, particularly in fast-growing, developing markets that have a very strong synergistic, a post-synergistic sort of a payback for us, $10 million-$20 million sort of acquisitions -- I don't believe this is the time to kind of bet the farm and go out and leverage up the balance sheet. I don't think that we -- I think reducing our debt right now is more important than expanding our debt.",
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      "text": "I hear what you're saying about the acquisition and the history, but really it's been six, seven years since we've made an acquisition more than $100 million. So we've moved past that. Really the financial priority for the Company as set out by the Board and the senior management team is continue to improve the credit profile.",
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      "text": "But I don't see in today's -- where the market, I think, is putting a premium on risk reduction. I don't see a scenario today, at least not one that sits readily before me, where we are going to take our balance sheet and load it up with debt. So, M&A, large M&A I don't think is a high priority.",
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      "text": "\"I hear what you're saying about the acquisition and the history, but really it's been six, seven years since we've made an acquisition more than $100 million. So we've moved past that. Really the financial priority for the Company as set out by the Board and the senior management team is continue to improve the credit profile.\" — Steve Heskett, Vice President - Treasurer, September 2011; \"Smaller bolt-on acquisitions, particularly in fast-growing, developing markets that have a very strong synergistic, a post-synergistic sort of a payback for us, $10 million-$20 million sort of acquisitions -- I don't believe this is the time to kind of bet the farm and go out and leverage up the balance sheet. I don't think that we've -- I think reducing our debt right now is more important than expanding our debt.\" — Peter Huntsman, President & CEO, May 2012; \"But I don't see in today's -- where the market, I think, is putting a premium on risk reduction. I don't see a scenario today, at least not one that sits readily before me, where we are going to take our balance sheet and load it up with debt. So, M&A, large M&A I don't think is a high priority.\" — Peter Huntsman, President & CEO, November 2012",
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