Air Products has announced that it has extended the expiration date of its tender offer for all outstanding common shares of Airgas, Inc. by 10 business days, still for $65.50 per share in cash.
The offer and withdrawal rights are now scheduled to expire at 12:00 midnight New York City time on 17th December 2010.
The tender offer was previously scheduled to expire on 3rd December 2010.
The offer is being extended to enable the Delaware Chancery Court to render a decision on pending litigation between Air Products and Airgas.
Except for the extension of the tender offer expiration date, all other terms and conditions of the offer remain unchanged. As of the close of business on Monday, 29th November 2010, approximately 1,879,967 shares of Airgas common stock had been validly tendered into and not withdrawn from the offer.
Airgas’ stockholders may obtain copies of all of the offering documents free of charge at the SEC’s website (www.sec.gov) or by directing a request to MacKenzie Partners, Inc., the Information Agent for the offer, at 212-929-5500 or toll-free at 800-322-2885.
Additional information about the transaction, including the offering documents, is also available at www.airproducts.com/airgasoffer.