Airgas, Inc. (NYSE: ARG), Radnor, PA, released a statement responding to the second extension by Air Products & Chemicals, Inc. (NYSE: APD) of its unsolicited tender offer and Air Products’ statement that only 15,981 shares of Airgas common stock, representing less than 0.02% of the issued and outstanding shares, had been tendered into the offer.

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In the statement, the Airgas board of directors reiterated its recommendation for shareholders to not tender their shares into the offer: \”The Airgas Board of Directors remains unanimous in its belief that Air Products’ unsolicited tender offer is an opportunistic attempt to transfer the value of Airgas to Air Products at a grossly inadequate price.\”