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: Conglomerate

Delaware in the News: Airgas and Del Monte

By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring

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So everyone knows by now that the Delaware Chancery Court upheld the Airgas poison pill, forcing AirProducts to take its money and go home.  Prof. B. is all over it. 

In other anti-buyer news, Delaware reminds us that private equity funds are the new T. Boone Pickens, stopping the acquisition of Del Monte Foods by KKR. 

Wow!  Mergers, takeovers, poison pills, IPOs -- corporate law is back!

Full post as published by Conglomerate on February 17, 2011 (boomark / email).

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