Airgas Rebuts Air Products Letter

Airgas has released a reply to the letter Air Products sent to Airgas shareholders on Wednesday. Air Products' letter, signed by CEO John McGlade, "is just another attempt to facilitate its grossly inadequate offer," Airgas says. The company cited its recently announced earnings, in which it raised its full-year earnings per share guidance, as evidence that Air Products' hostile bid is undervalued. Further, Airgas accused Air Products of "trying to frighten Airgas stockholders about market conditions." Airgas says Air Products' economic view...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers