Priceline's new CEO, Dow to convert stock

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Priceline's new CEO, Dow to convert stock

Priceline names Glenn Fogel the new CEO. Also, according to Dow Jones, Dow Chemical gains right to convert $4B of preferred stock into common stock held by Berkshire, Kuwait; will convert immediately. CNBC's Dominic Chu reports.
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Thu, Dec 15 20164:08 PM EST