Piper Jaffray Downgrades Cepheid (CPHD) to Neutral
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Danaher's (DHR) Acquisition of Cepheid is Credit-Negative Development - Moody's
September 6, 2016 11:34 AM EDTMoody's Investors Service said that the planned $4 billion, debt-funded acquisition of Cepheid (NASDAQ: CPHD)(unrated) by Danaher Corporation (NYSE: DHR) is credit negative but its A2 rating is unaffected. For further information, please see... More
Danaher (DHR) to Acquire Cepheid (CPHD) for $4B
September 6, 2016 6:31 AM EDTCepheid (NASDAQ: CPHD) today announced that it has entered into a definitive agreement with Danaher Corporation (NYSE: DHR) under which Danaher will acquire all of the outstanding shares of Cepheid common stock for $53 per share in cash, or a total enterprise value of approximately $4 billion including indebtedness and net of acquired cash.
"Cepheid's vision has always... More
