Airgas, Air Products Eye Crucial Shareholder Vote

Law360, New York (September 10, 2010, 3:32 PM EDT) -- With its recent efforts to entice Airgas Inc. stockholders to tender their shares at increasing prices having yielded underwhelming results, Air Products and Chemicals Inc.'s hostile takeover bid has shifted to an effort to take control of its rival's nine-member board by next year — an effort that will begin in earnest Wednesday when a key Airgas shareholder vote is set.

Airgas stockholders will vote on whether to install a proposed minority slate of three directors favored by Air Products and, in a second decision, on...
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