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Airgas unswerving on Air Products takeover tender

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Following the news that Air Products has extended its unsolicited tender offer, Airgas has issued the latest retort in the ongoing saga – underlining its unswerving reluctance to the deal.

It was certainly no April Fool when Air Products extended the expiration date of its tender offer for all outstanding common shares of Airgas, Inc. on 1st April.

And Airgas clearly wasn’t humoured by the move either. as the company served yet another notice of its unswerving intentions.

Last week saw Air Products announce that it had extended the expiration date of its tender offer for all outstanding common shares of Airgas for $60.00 per share all in cash. The offer and withdrawal rights are now scheduled to expire at 12:00 midnight New York City time on 4th June 2010, unless further extended.

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