AIRGAS COMMENTS ON LAWSUIT AGAINST PRAXAIR.RADNOR, Pa.--(BUSINESS WIRE)--July 2, 1999-- Airgas, Inc. (NYSE NYSE See: New York Stock Exchange : ARG See argument. arg - argument ) announced that yesterday, in a breach of contract suit brought by Airgas against Praxair, Inc. (NYSE: PX), the jury found in favor of the defendant. Neither side was awarded any monetary damages Monetary damages, in civil law, refers to compensation given to an injured party by a liable party. Monetary damages may be restitution, a penalty, or both. . Gordon L. Keen, Jr., senior vice president - law and corporate development, commented, "We were disappointed in yesterday's outcome of our lawsuit against Praxair. We felt the evidence amply supported the claims made and we are considering what to do next." Airgas, Inc. is the largest distributor of industrial, medical and specialty gases and related equipment, and the third largest distributor of safety supplies, in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Airgas' integrated distributor network consists of more than 700 locations, including branch locations, distribution centers and inbound and outbound telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations. operations. Airgas can be visited on the Internet at www.airgas.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion