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Re: DewDiligence post# 153

Friday, 02/12/2010 11:57:57 AM

Friday, February 12, 2010 11:57:57 AM

Post# of 312
APD launches tender offer for shares of ARG @$60 in cash:

http://finance.yahoo.com/news/Air-Products-Commences-Tender-prnews-3966413741.html?x=0&.v=1

Inasmuch as ARG is currently trading at about $62, investors obviously think APD will sweeten its bid. APD itself has stated a willingness to “add value to the deal” if ARG can demonstrate why value ought to be added but, so far, ARG has merely told APD to shove it.


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