In a letter to shareholders, Air Products (APD) board stated, in part, “The Board strongly believes that it is NOT in the best interests of its shareholders to support Mantle Ridge’s nominees. We strongly recommend that you vote your shares “FOR” ONLY Air Products’ full slate of director nominees on the WHITE proxy card. Please discard any blue proxy card you may receive from Mantle Ridge.”
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APD:
- Mantle Ridge nominates four directors to Air Products’ board
- Mantle Ridge seeks restructuring of Air Products board for ‘better’ performance
- Air Products & Chemicals (NYSE:APD) Is a Rising Dividend Aristocrat Worth Watching
- Air Products and Chemicals Faces Potential Turmoil Amid Mantle Ridge’s Proxy Challenge
- Air Products confirms receipt of Mantle Ridge director nomination notice