Professor Davidoff comments here on recent developments in the Airgas case. Pending in the Delaware Court of Chancery is a hotly contested, expedited dispute regarding the multi-billion dollar bid by a company called Air Products to purchase Airgas, but so far the suitor’s advances have been rebuffed by Airgas management. However, in an extra-judicial background development just this week, Air Products elected three new directors to the nine-member board. Highlights of prior Chancery rulings in this case, and commentary, are available here.