EduBourseActualitésAirgas Shareholders Support All Air Products Nominees and Proposals at Airgas Annual...

Airgas Shareholders Support All Air Products Nominees and Proposals at Airgas Annual Meeting

LEHIGH VALLEY, Pa. (September 15, 2010) – Air Products (NYSE: APD) today announced that, based on preliminary estimates, all three of its director nominees were elected to the Board of Directors of Airgas, Inc. (NYSE: ARG) at today’s Annual Meeting of Shareholders. Based on a preliminary count by Air Products’ proxy solicitor, MacKenzie Partners, Inc., John P. Clancey, Robert L. Lumpkins and Ted B. Miller, Jr., were all elected to Airgas’ board of directors.

Air Products also said that all three of its proposals were approved:

A proposal amending Airgas’ By-Laws to limit the Airgas Board’s ability to re-seat directors not elected by Airgas shareholders (excluding the Chief Executive Officer)
A proposal requiring future Airgas annual shareholder meetings, including for 2011, to be held in January
A proposal repealing all By-Law amendments adopted by the Airgas Board after April 7, 2010
John E. McGlade, Air Products’ chairman, president and chief executive officer, said, “Airgas shareholders have provided a clear mandate to negotiate a transaction, and we appreciate their support. We stand ready to negotiate immediately and call on the Airgas Board to respect the will of its shareholders. Further delay serves no purpose.”

Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit:
> www.airproducts.com.

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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