Many Airgas shareholders wanted to take a rival’s offer of $70 a share. Its founder, Peter McCausland, fought it off, and five years later a French giant paid more than double. The rival was Air Products, a fellow gas supplier from Pennsylvania. Its chief executive privately pitched a merger in 2009, then went public with a bid in 2010 after McCausland said no. Shareholders even voted McCausland off his own board that year. Airgas’s board insisted the company was worth at least $78 a share and u
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Many Airgas shareholders wanted to take a rival’s offer of $70 a share. Its founder, Peter McCausland, fought it off, and five years later a French giant paid more than double. The rival was Air Products, a fellow gas supplier from Pennsylvania. Its chief executive privately pitched a merger in 2009, then went public with a bid in 2010 after McCausland said no. Shareholders even voted McCausland off his own board that year. Airgas’s board insisted the company was worth at least $78 a share and u
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Airgas, an Air Liquide Company on Instagram: "High-quality gas, top-quality welds. Simply high performance. ➡️ That’s ARCAL™. And unlike other shielding gases, ARCAL puts an end to wasted gas, time and money while minimizing safety risks. Regardless of whether your gases are mixed on-site or delivered, there’s an ARCAL solution designed for your work. 👨‍🏭 Link in bio. #Airgas #ARCAL #AdvancedFabrication #WeldingProfessionals #WeldingGas #MetalFabrication"
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