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Merger deadline extension forbidden in Linde-Praxair deal, deadline is October 24

By Curtis Eichelberger and Natalie McNelis ( February 9, 2018, 15:58 GMT | Insight) -- Linde’s merger with US industrial gases manufacturer Praxair must have all the required regulatory clearances by Oct. 24, according to the terms of the exchange offer. This limit, or “long-stop date,” cannot be extended — even if regulators and the parties agree to a delay, the companies confirmed.Linde’s merger with US industrial gases manufacturer Praxair must have all the required regulatory clearances by Oct. 24, according to the terms of the exchange offer. This limit, or “long-stop date,” cannot be extended — even if the regulators and the parties agree to a delay, the companies confirmed....

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