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Airgas (ARG +3.4%) shareholders elect three board nominees from hostile bidder Air Products...

Airgas (ARG +3.4%) shareholders elect three board nominees from hostile bidder Air Products & Chemicals (APD) at their annual meeting, and oust CEO Peter McCausland from the board. The voters approved three bylaw proposals from APD as well, though Airgas says it believes two of them weren't legally valid for failing to reach 67% support. APD's pursuit almost certainly goes on. (previously)
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  • Stone Fox Capital
    , contributor
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    surprised that shareholders would go for the APD offer.
    15 Sep 2010, 12:34 PM Reply Like
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