Monday, October 11, 2010
Apparently, Airgas has decided to appeal Chancellor Chandler's decision regarding the Air Products' bylaw amendment that pushed up its next annual meeting to January 2011. Honestly, that appeal has almost no chance to win (why? see my previous post: Advantage Air Products). I suppose, though, if you are Airgas' board, fighting for your life, judicial economy goes out the window and there is no expense that you will spare.
update: Over at footnoted.org they observe that it has cost Airgas more than $23 million to date to fend off Air Products.