MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Air Products Increases Offer to Buy Airgas

Air Products & Chemicals Inc. (NYSE: APD) has increased its tender offer to acquire industrial gases and hardgoods distributor Airgas Inc. (NYSE: ARG), Radnor, PA, at a price of $65.50 a share in cash. The closing price of Airgas on Friday, Sept. 3, was $66.67.

Airgas, No. 4 on MDM's list of top 40 industrial distributors, said it would review the revised offer, and that stockholders are advised to take no action pending review.

Bank of America Merrill Lynch and Goldman, Sachs & Co. are serving as financial advisors, and Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Airgas and its Board of Directors.

Airgas has consistently rejected offers by Air Products to purchase the distributor. View more updates on Airgas at www.mdm.com/airgas.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center