Issue Date: August 23, 2010
Air Products Clears Hurdle To Airgas Buy
Air Products & Chemicals hasn’t gotten the board of Airgas to go along with its hostile takeover attempt, but it has been assured of clearance from the Federal Trade Commission. The staff of FTC has issued a consent decree permitting Air Products to consummate the deal if it sells off Airgas’ businesses in bulk and on-site supply of atmospheric gases. Because Air Products specializes in such operations and Airgas focuses on . . .
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