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Text size [+][-]  Thursday March 18 2010GLOBAL EDITION

Considered view
05 Feb 2010 19:07

Pumping up Airgas

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The $5.1 bln unsolicited advance comes at a 38 percent premium - but Airgas can get more. The net present value of forecast synergies gives room to raise the bid. And hostile precedents, such as Kraft-Cadbury, suggest holding out could be worth another $8 a share.

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More stories by:  Christopher Swann






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