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Airgas Trial on Air Products Bid to Focus on Meeting

Airgas Inc., trying to fend off a $5.5 billion hostile bid from Air Products & Chemicals Inc., may face an uphill fight at trial next week when it challenges a new bylaw that moves up the date of its annual meeting.

Managers of Airgas are asking Delaware Chancery Court Judge William B. Chandler III in Georgetown to invalidate the bylaw, which shareholders approved in a Sept. 15 vote that added three Air Products nominees to the Airgas board.