Air Products extends tender offer to acquire Airgas
Indeed, just yesterday, Air Products extended the expiration date of its tender offer to acquire Airgas shares.
Air Products, the US industrial gases company, has withdrawn its $5.9bn bid for Airgas after a Delaware court issued a ruling dismissing its efforts to overcome its rival's anti-takeover protections, reports the FT. In December, Air Products raised its bid to $70 a share in a push to conclude its protracted takeover battle.