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Markets :: Industrial Gases

Airgas Rejects Air Products Takeover Bid

10:10 PM MST | February 9, 2010 | Robert Westervelt

Airgas has rejected Air Products' $7-billion takeover bid, noting that the offer “very significantly undervalues Airgas and its future prospects.” Air Products maintains that its $60/share offer will create more value "for Airgas shareholders than Airgas can achieve on a standalone basis."...

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