Air Products' baby step keeps prey in sight
By pitching its latest offer for Airgas below the current stock price, Air Products can't expect to clinch the deal. But the move could bring more hot money into Airgas stock ahead of a key vote. With the industry recovering, Airgas holders can aspire to a still higher price.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.