It's Time for a Fresh Start at Air Products: Mantle Ridge Sends Letter to Air Products and Chemicals, Inc. Shareholders
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Mantle Ridge has sent a letter to Air Products and Chemicals, Inc. shareholders, urging them to vote for their four director nominees due to concerns about the company's operational underperformance and governance issues.
January 09, 2025 | 12:15 pm
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Mantle Ridge is pushing for a change in Air Products' board, highlighting issues like operational underperformance and poor governance. This activist move could lead to changes in company strategy and management.
Mantle Ridge's letter to shareholders indicates a strong push for change in Air Products' board, which could lead to strategic shifts and improved performance if their nominees are elected. This activist involvement is likely to positively impact the stock in the short term as investors anticipate potential improvements.
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