X-Rite/Danaher
On April 10, 2012, X-Rite, Incorporated (Nasdaq: XRIT) has signed a definitive merger agreement with Danaher (NYSE: DHR) under which Danaher will acquire the company for $5.55 per share in cash, or a total of approximately $625 million including the assumption of debt, net of cash. The transaction was unanimously approved by the X-Rite Board of Directors.
The transaction is subject to regulatory approval and customary closing conditions. It is expected to close during the second quarter of 2012.
Centerview Partners acted as financial advisor to X-Rite and Winston & Strawn LLP served as legal advisor to X-Rite.
The transaction is subject to regulatory approval and customary closing conditions. It is expected to close during the second quarter of 2012.
Centerview Partners acted as financial advisor to X-Rite and Winston & Strawn LLP served as legal advisor to X-Rite.
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Nomura Securities Maintains a 'Buy' on Danaher (DHR); Acquiring X-Rite Should Be Accretive to 2013
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X-Rite (XRIT) May Pay $16.6M Termination Fee If Danaher (DHR) Deal Doesn't Go Through
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Unusual 11 Mid-Day Movers 04/10: (XRIT) (FSIN) (LIWA) Higher; (VPHM) (TRGT) (PEIX) Lower
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Morning Movers 04/10: (XRIT) (AZC) (NBG) (PVR) Higher; (VPHM) (TRGT) (SNE) Lower
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Notable Mergers and Acquisitions of the Day 04/10: (XRIT)/(DHR) (ERT) (GLW) (AMGN)
