From The Desk Of
CW Insider, February 12: Something in the Air
2:38 PM MST | February 12, 2010 | Robert Westervelt
After a brisk exit from the North American packaged gases sector in 2002, Air Products is seeking a grand reentrance via a hostile takeover of Airgas. Air Products, which formally launched a hostile tender offer late last week, says that a strategic review found that packaged gases will be one of the important growth areas for Air Products, both within North America and in other regions (where it has maintained packaged gas operations). Airgas has rebuffed the bids and public statements to date indicate that it thinks the timing and logic are wrong. Air Products...
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