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Airgas: Potato, Potahto

The Deal Prof has a run-down on the Airgas decision . He has it about right: The signal this reversal sends is that it basically says don't worry about the language of your contracts so long as everybody "knows" what it means. Potato, potahto, tomato, tomahto. Let's call...

Chancellor Chandler and Airgas...

I don't know, but I think Chancellor Chandler isn't all that impressed with the Supreme Court reversing his decision in the Airgas case. He sent a letter to the parties yesterday ( Letter here ) with a number of questions seeking supplemental information relevant to the next part of the case...

Poison Pill in Delaware Court on Tuesday

So, tomorrow Chancellor Chandler will take up the question of whether to order the Airgas board to pull its pill. Air Products, you'll remember, has been pursuing Airgas for many months now. Airgas has steadfastly said "No." In the fall Air Products elected three members to the board...