Peter Mccausland News
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Airgas Inc., the largest U.S. distributor of packaged gases, said it may miss earnings guidance for its fiscal fourth-quarter ending March 31 after “organic” sales growth was flat through February.
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Trapped on a windless patch of sea, Airgas Inc. Chief Executive Officer Peter McCausland wouldn’t give up.
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Airgas Inc. founder Peter McCausland, who built the company into the largest U.S. distributor of industrial gases through almost 450 acquisitions, will be replaced as chief executive officer by Michael L. Molinini.
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Airgas Inc., the largest U.S. distributor of industrial gases, said it’s interested in acquiring the U.S. operations of Taiyo Nippon Sanso Corp. as part of a decades-long trend of consolidating the industry.
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Airgas Inc., the largest U.S. distributor of packaged gases, fell the most in two months after Chairman Peter McCausland sold about 15 percent of his stake in the company he founded 30 years ago.
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Airgas Inc. , the industrial-gas distributor fighting a $5.5 billion hostile takeover by Air Products & Chemicals Inc. , reappointed Chief Executive Officer Peter McCausland to the board a week after he was ousted.
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Airgas Inc. said it may buy back $700 million of its stock and could overhaul its balance sheet to purchase more should Air Products & Chemicals Inc. withdraw its $5.5 billion hostile takeover bid.
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Airgas Inc. , the largest U.S. distributor of industrial gases, said acquisitions may add $150 million to sales this year as the number of potential targets increases.
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Airgas Inc.’s chief executive officer testified that he would have considered a $5.9 billion buyout bid from Air Products & Chemicals Inc. last month after shareholders voted to knock three incumbent directors off the gas company’s board.
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The U.S. economy grew at a 3.1 percent annual rate in the third quarter, more than previously reported, reflecting the first gain in state and local government spending in three years, more consumer purchases and a smaller trade gap.
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