Praxair Inc. (PX) Is Sinking After Linde Merger Hits Snag

The Federal Trade Commission has asked German company Linde to sell off more assets than had been expected in order to obtain approval for its proposed merger with Praxair Inc. (PX).

Praxair has gapped open sharply lower Monday morning and is now down 8.45 at $155.76 on above average volume. The stock has dropped to over a 1-month low.

by RTTNews Staff Writer

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