Airgas (ARG -0.6%) rejects Air Products & Chemical's (APD +1.7%) improved hostile...

|By:, SA News Editor

Airgas (ARG -0.6%) rejects Air Products & Chemical's (APD +1.7%) improved hostile $65.50/share offer as not even a "sensible starting point for negotiations." The pursuit is coming to a head as APD says it will walk away if its slate of directors isn't elected at Airgas' meeting next week.