Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Airgas, Inc.
Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of the common stock of Airgas, Inc. (“Airgas” or the “Company”) (NYSE: ARG – News) for possible breaches of fiduciary duty and other violations of state law in connection with a series of proposals by which Air Products & Chemicals, Inc. (“Air Products”) seeks to acquire all Airgas common shares currently outstanding.
The current investigation concerns Air Products) price proposals and the process undertaken by Airgas Board of Directors to address those proposals. Whereas Airgas Board of Directors previously rejected Air Products December 2009 proposal to acquire Airgas for approximately $62 per share in cash and stock, Air Products current proposal provides per share consideration of $60 per share in cash. [Read the full article]
Nuszer Kopatz Urban Design Associates has joined Stanley Consultants, one of Denver’s, and the nation’s, largest consulting engineering firms. Founded in 1913, Stanley Consultants is a multi-disciplined firm that provides engineering, environmental and construction services throughout the United States and around the world.
Nuszer Kopatz, founded in 1991 by Mark Nuszer and Mark Kopatz, is a land planning, landscape architecture and community visioning firm. The capability brought by Nuszer Kopatz employees broadens Stanley Consultants’ portfolio of land development services.
“The unique skills and experience of the Nuszer Kopatz staff will allow Stanley Consultants to expand its national land development market and provide the initial planning work requested by our clients,” said Gayle Roberts, P.E., President of Stanley Consultants. [Read the full article]
Hardinge Inc. (Nasdaq: HDNG) confirmed that it received an unsolicited proposal from Industrias Romi S.A. of Brazil to acquire all of its outstanding shares for $8.00 per share.
Hardinge stated that it has engaged Jefferies & Company, Inc. as its financial adviser, and Wachtell, Lipton, Rosen & Katz as its legal adviser, to assist it in evaluating and responding to the Romi proposal, which it notes is subject to due diligence and other terms and conditions.
Hardinge said that its board of directors, in consultation with its financial and legal advisers, will evaluate the unsolicited proposal from Romi and make a determination in due course. The Board urges shareholders to take no action until that determination has been made. [Read the full article]
Unilever today announced that it has completed the sale of its Shedd Country Crock branded chilled side-dish business in the US to Hormel Foods Corporation. Financial terms were not disclosed and ownership of the Shedd Country Crock trademark and its flagship spreads product range remain with Unilever.
Under the terms of the transaction, Hormel will market and sell Shedd Country Crock chilled side-dish products, such as homestyle mashed potatoes, under a license agreement. No Unilever employees have been transferred with the business.
This announcement may contain forward-looking statements, including ‘forward-looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995. [Read the full article]