UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the
Securities Exchange Act of 1934
(Amendment No. )
_________________
Filed by the Registrant c Filed by a Party other than the Registrant £
Check the appropriate box:
c Preliminary Proxy Statement
c Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
c Definitive Proxy Statement
c Definitive Additional Materials
£ Soliciting Material Under §240.14a-12
Airgas, Inc.
(Name of Registrant as Specified in its Charter)
L’Air Liquide, S.A.
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
£ No fee required.
c Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) | Title of each class of securities to which transaction applies: |
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(2) | Aggregate number of securities to which transaction applies: |
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(3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
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(4) | Proposed maximum aggregate value of transaction: |
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(5) | Total fee paid: |
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c Fee paid previously with preliminary materials.
c | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
(1) Amount previously paid:
________________________________________________________________________________________________
(2) | Form, Schedule or Registration Statement No.: |
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(3) | Filing Party: |
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(4) | Date Filed: |
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On December 10, 2015, L’Air Liquide, S.A. (“Air Liquide”) posted information describing key milestones in its acquisition of Airgas, Inc.to its website. A copy of the posting is attached as Exhibit 1. A French translation of the posting is available on Air Liquide’s website.
Exhibit 1
INFORMATION |
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Paris, December 10, 2015 | |
Key milestones in Air Liquide’s acquisition of Airgas
The transaction was unanimously approved by each of Airgas’ and Air Liquide’s Boards of Directors prior to the announcement on November 17, 2015.
The Preliminary Proxy Statement, as filed by Airgas for the transaction on December 8, 2015, is subject to review by the U.S. Securities and Exchange Commission (SEC).
Once the proxy statement clears the SEC, Airgas will distribute a definitive proxy statement to its shareholders and will call a special Shareholders’ Meeting to obtain approval of the acquisition by the shareholders of Airgas (simple majority of the outstanding shares of Airgas is required).
The other principal steps will be clearance from U.S. antitrust authorities and by the Committee on Foreign Investment in the United States (CFIUS).
Once the approval of Airgas shareholders and regulatory clearances are obtained, and subject to the fulfillment of certain other conditions, the closing of the deal can then occur.
Airgas files annual, quarterly and current reports, proxy statements and other information, including the principal documents relating to this transaction, with the SEC. Such filings are available to the public free of charge from the SEC website at http://www.sec.gov/edgar/searchedgar/webusers.htm.
CONTACTS Corporate Communications Annie Fournier +33 (0)1 40 62 51 31 Caroline Philips +33 (0)1 40 62 50 84
Investor Relations Aude Rodriguez +33 (0)1 40 62 57 08 Erin Sarret +33 (0)1 40 62 57 37 Louis Laffont +33 (0)1 40 62 57 18
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This document contains certain statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. L’Air Liquide S.A. (“Air Liquide”) and Airgas, Inc. (“Airgas”) have identified some of these forward-looking statements with words like “believe,” “may,” “could,” “would,” “might,” “possible,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” or “continue,” the negative of these words, other terms of similar meaning or the use of future dates. Forward-looking statements in this release include without limitation statements regarding the expected timing of the completion of the transactions described in this document, Air Liquide’s operation of Airgas’ business following completion of the contemplated transactions, and statements regarding the future operation, direction and success of Airgas’ businesses. Such statements are qualified by the inherent risks and uncertainties surrounding future expectations generally, and actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. Risks and uncertainties that could cause results to differ from expectations include: uncertainties as to the timing of the contemplated transactions; uncertainties as to the approval of Airgas’ stockholders required in connection with the contemplated transactions; the possibility that a competing proposal will be made; the possibility that the closing conditions to the contemplated transactions may not be satisfied or waived, including that a governmental entity may prohibit, delay or refuse to grant a necessary regulatory approval; the effects of disruption caused by the announcement of the contemplated transactions making it more difficult to maintain relationships with employees, customers, vendors and other business partners; the risk that stockholder litigation in connection with the contemplated transactions may affect the timing or occurrence of the contemplated transactions or result in significant costs of defense, indemnification and liability; other business effects, including the effects of industry, economic or political conditions outside of the control of the parties to the contemplated transactions; transactions costs; actual or contingent liabilities; and other risks and uncertainties discussed in Airgas’ filings with the U.S. Securities and Exchange Commission (the “SEC”), including the “Risk Factors” sections of Airgas’ most recent annual report on Form 10-K. You can obtain copies of Airgas’ filings with the SEC for free at the SEC’s website (www.sec.gov). Neither Air Liquide nor Airgas undertakes any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as expressly required by law. All forward-looking statements in this announcement are qualified in their entirety by this cautionary statement.
ADDITIONAL INFORMATION AND WHERE TO FIND IT
Airgas filed with the SEC a preliminary proxy statement in connection with the contemplated transactions on December 8, 2015. The definitive proxy statement will be sent or given to Airgas stockholders and will contain important information about the contemplated transactions. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY AND IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE. Investors and security holders may obtain a free copy of the proxy statement (when it is available) and other documents filed with the SEC at the SEC’s website at www.sec.gov.
CERTAIN INFORMATION CONCERNING PARTICIPANTS
Airgas and its directors and executive officers may be deemed to be participants in the solicitation of proxies from Airgas investors and security holders in connection with the contemplated transactions. Information about Airgas’ directors and executive officers is set forth in its proxy statement for its 2015 Annual Meeting of Stockholders and its most recent annual report on Form 10-K. These documents may be obtained for free at the SEC’s website at www.sec.gov. Additional information regarding the interests of participants in the solicitation of proxies in connection with the contemplated transactions is included in the preliminary proxy statement that Airgas filed on December 8, 2015, and will be included in the definitive proxy statement that Airgas intends to file, with the SEC.
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