As Air Products & Chemicals' (APD +4.4%) pursuit of Airgas (ARG +0.8%) crumbles on a...

|About: Air Products and Chemicals... (APD)|By:, SA News Editor

As Air Products & Chemicals' (APD +4.4%) pursuit of Airgas (ARG +0.8%) crumbles on a poison-pill ruling, who really won (aside from the lawyers)? APD lost in court, but its failed action is likely to have a big influence on both sides of future hostile bids.