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Praxair confirms preliminary merger discussions with Linde

| By Mary Bailey

Praxair, Inc. (Danbury, Conn.; www.praxair.com) has confirmed that it is currently in preliminary discussions with Linde AG (Munich, Germany; www.the-linde-group.com) regarding a potential merger. According to Praxair, these discussions are ongoing, and there can be no assurance that they will result in a transaction, or on what terms any transaction may occur. No further details were provided.