Needham & Company Downgrades Cepheid (CPHD) to Hold Following Takeover
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Cepheid Agrees To Be Acquired By Danaher Corporation For $53 Per Share In Cash
September 6, 2016 6:30 AM EDTSUNNYVALE, Calif., Sept. 6, 2016 /PRNewswire/ --Â Cepheid (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 been to enable as many people as possible to have access to powerful molecular diagnostic tests that provide critical information on a timely basis to... More
