Air Products/Airgas
Air Products & Chemicals Inc. (NYSE: APD) has tried multiple times to acquire rival Airgas Inc. (NYSE: ARG).
In July 2010, Air Products offered to acquire Airgas for $63.50 per share in cash, up from a prior offer of $60.00 initial sought in February 2010. Airgas rejected this latest overture.
The $63.50 per share offer comes at a premium of 46% over the closing price of Airgas' shares on February 4, 2010, the day before Air Products announced its initial offer.
Air Products took its offer directly to shareholders and initiated a tender offer than is set to expire on August 13, 2010.
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Airgas Increases First Quarter Dividend by 20%
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Airgas Reports Fiscal 2013 Fourth Quarter and Full Year Earnings
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Airgas (ARG) Peers Lower on Sales/Profit Warning
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Airgas Provides Update on Fiscal 2013 Fourth Quarter Organic Sales Growth, Share Repurchases, and Potential Impact on Earnings Guidance
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Atlantic Upgrades AGU, CF to Overweight, Downgrades MON, APD to Neutral
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Jefferies Upgrades, Downgrades, and Tweaks Estimates and Price Targets on Chemical Sector
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KeyBanc Upgrades Airgas (ARG) to Buy; Poised to Return to Its High Growth Form
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Goldman Sachs Reinstates Air Products & Chemicals Inc. (APD) at Neutral
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Deutsche Bank Upgrades Air Products & Chemicals Inc. (APD) to Buy; Closing the Valuation Gap
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Notable ETF Movers of the Day 02/16: (XRT) (USO) (TAN) Higher; (UNG) (VXX) (UUP) Lower
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Jefferies Raises Price Target on Air Products (APD), Maintains Buy Rating
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Notable Mergers and Acquisitions of the Day 02/16: GENZ/SNY, BEE, ARG/APD
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Pre-Open Movers 2/16: (FDO) (VCLK) (DELL) Higher; (TNGN) (DSCO) (OMX) Lower
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Jefferies Upgrades Airgas (ARG) to Buy, Price Target $72
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Air Products (APD) withdraws offer for Airgas (ARG)
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After-Hours Movers 02/15: (FDO) (AAN) (RCKY) (VCLK) (MALL) Higher; (DSCO) (DENN) (LOGM) Lower
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Air Products (APD) loses bid to invalidate Airgas (ARG) takeover defense -Bloomberg
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Air Products (APD) Extends Tender Offer for All Shares of Airgas (ARG)
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P. Schoenfeld Asset Management sent the following letter to the Airgas (ARG) Board
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Trading Radar for 01/21: Bank of America (BAC), General Electric (GE), Schlumberger (SLB), SunTrust (STI) Report
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Air Products (APD) Extends $70/Share Offer for Airgas (ARG)
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Air Products (APD) Extends Tender Offer to Acquire Airgas (ARG)
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Air Products (APD) Responds to Airgas (ARG) $70/Share Bid Rejection; 'Let Shareholders Decide'
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Airgas (ARG) Board Rejects Air Products (APD) $70/Share Bid
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Airgas (ARG) Rejects Revised Offer from Air Products (APD), Cites Offer at $70/share In Cash
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Airgas (ARG) Taps Credit Suisse Securities as Third Independent Advisor
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Newly-Elected Directors Send Letter to Airgas (ARG) Chair van Roden
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Top 10 News Items 12/6-12/10: Chinese IPO's On Fire!; S&P Makes A Plethora of Changes to Indices; AGL, Nicor Announce Major Deal In Nat-Gas Sector
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Airgas (ARG) Says Board Will Review Revised Air Products (APD) Offer
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Airgas (ARG) Shares Resume Trading Down About 4.5%
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Air Products (APD) Raises "Best and Final" Offer for Airgas (ARG) to $70
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Air Products (APD) raised bid for Airgas (ARG) to $70 - CNBC
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Airgas Inc. (ARG) and Air Products & Chemicals Inc. (APD) halted
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Susquehanna Starts Air Products & Chemicals (APD) at Neutral, Price Target $90
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Jefferies Likes Air Products and Chemicals (APD) Future, Maintains Buy Rating
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Air Products (APD) Extends $65.50/Share Tender Offer for Airgas (ARG) by 10 Business Days
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Oscar Gruss Upgrades Airgas (ARG) to Buy; Risk/Reward Repositioned After Delaware Appeal Ruling
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Air Products (APD) Issues Statment on Airgas (ARG) Annual Meeting Ruling; Disappointed that By-Law Overturned
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Airgas (ARG) volatility increases court overturning ruling on Air Products ruling
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Airgas (ARG) Slammed After Court Ruling
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Air Products (APD) Issues Response to Airgas' (ARG) Intent to Challenge Delaware Court Decision
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Soleil Securities: Air Products (APD) Wins Rounds 1 & 2. Finish Line In Sight. Price A Scootch Over $70?
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Airgas (ARG) To Challenge Delaware Chancery Court’s Shareholder Meeting Ruling
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Notable 52-Week High's and Low's of the Day 09/15: SVNT, ARG, KFT, RVBD High; CHP, FBC, UTA, DYP Low
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Air Products (APD) nominees win all three seats on Airgas (ARG) board
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Top 10 News Items 9/7-9/10: Mark Hurd Wants to Move to Oracle, But HP Counters with a Lawsuit; M&A Action Still Hot; Nokia Names Former Microsoft Exec Elop as CEO
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Airgas (ARG) September and October volatility elevated, shares trends lower after rejects Air Products offer
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FTC Reaches Settlement with Air Products (APD) in Proposed Airgas (ARG) Acquisition; Aims to Preserve Competition in LOX and LIN Market
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Airgas (ARG) Announces ISS and Glass Lewis Recommend Shareholders Vote AGAINST Air Products By-Laws Amendment Proposal
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Air Products (APD) Issues Support Statement for ISS Nominees to Air Gas (ARG) Board
