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Del. judge upholds Airgas poison pill
A Delaware judge on Tuesday ruled that directors of Airgas Inc. were within their rights to prevent shareholders from voting on a hostile takeover offer from rival Air Products&Chemicals Inc.In response to the judge's ruling, Air Products withdrew its $70 per share offer for Airgas.In a 153-page opinion, Chancellor William Chandler III upheld a poison pill plan that Airgas directors relied upon to
A Delaware judge on Tuesday ruled that directors of Airgas Inc. were within their rights to prevent shareholders from voting on a hostile takeover offer from rival Air Products&Chemicals Inc.In response to the judge's ruling, Air Products withdrew its $70 per share offer for Airgas.In a 153-page opinion, Chancellor William Chandler III upheld a poison pill plan that Airgas directors relied upon to
Airgas board rejects latest Air Products' offer
Airgas Inc.'s board has unanimously rejected rival Air Products&Chemicals Inc.'s $5.88 billion acquisition offer.
Airgas Inc.'s board has unanimously rejected rival Air Products&Chemicals Inc.'s $5.88 billion acquisition offer.
Del. court reverses Air Products ruling
The Delaware Supreme Court has rejected a bid by industrial gas supplier Air Products and Chemicals Inc. to shake up the board of rival takeover target Airgas Inc.
The Delaware Supreme Court has rejected a bid by industrial gas supplier Air Products and Chemicals Inc. to shake up the board of rival takeover target Airgas Inc.
Airgas-Air Products deal stays murky after meeting
., but the fate of a proposed acquisition involving the two Pennsylvania-based gas suppliers remains uncertain.
., but the fate of a proposed acquisition involving the two Pennsylvania-based gas suppliers remains uncertain.
Summary Box: Airgas shareholders add new directors
: Shareholders of industrial gas supplier Airgas Inc. elected three board members nominated by rival Air Products and Chemicals Inc., which is trying to buy Airgas. Air Products also said
Advisor backs rival's picks for Airgas board
A well-known proxy advisor is recommending that Airgas Inc. shareholders vote for the three candidates for the Airgas board that have been nominated by Air Products and Chemicals Inc., which is
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