AIR PRODUCTS MUST PROVE NEW $70 BID IS ‘BEST AND FINAL’ OFFER, AIRGAS SAYS Air Prods. & Chems. v. Airgas | Secondary Sources | Westlaw

AIR PRODUCTS MUST PROVE NEW $70 BID IS ‘BEST AND FINAL’ OFFER, AIRGAS SAYS Air Prods. & Chems. v. Airgas | Secondary Sources | Westlaw

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21 No. 7 Westlaw Journal Mergers & Acquisitions 10
Westlaw Journal Mergers & Acquisitions
*1 January 27, 2011
Poison Pill
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AIR PRODUCTS MUST PROVE NEW $70 BID IS ‘BEST AND FINAL’ OFFER, AIRGAS SAYS

Air Prods. & Chems. v. Airgas

Airgas Inc. has told the Delaware Chancery Court that if it must defend its rejection of Air Products & Chemicals' latest $70-per-share bid at an upcoming hearing, the hostile suitor must prove that proposal really is its “best and final offer.”
Air...
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