Cravath Swaine & Moore can continue its representation of Air Products & Chemicals in the company’s bid to acquire competitor Airgas, despite Airgas’ claims of conflict, Delaware Chancery Court Chancellor William B. Chandler III ruled Friday afternoon.
Cravath had represented both companies for years and Airgas alleged the firm had confidential information about Airgas that could be used in assisting Air Products in its $5.1 billion takeover bid.
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