Danaher (DHR) March 125 calls active after acquiring the biopharma business of GE Life Sciences

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Danaher (DHR) PT Raised to $125 at Baird

February 26, 2019 9:15 AM EST

Baird analyst Richard Eastman raised the price target on Danaher (NYSE: DHR) to $125.00 (from $114.00) while maintaining an Outperform rating following the announced GE Biopharma acquisition. Eastman views the acquisition as attractive.

Adjusting for ~$1.4B in NPV tax benefits to DHR, the purchase price... More

Danaher (DHR) Announces Proposed $1.35B Common Share Offering; Announces Concurrent $1.35B Mandatory Convertible Preferred Share Offering

February 26, 2019 5:45 AM EST

Danaher Corporation (NYSE: DHR) announced today that it has commenced concurrent offerings of $1.35 billion of shares of common stock and $1.35 billion of shares of Series A Mandatory Convertible Preferred Stock, subject to market and other conditions (the offerings). Danaher expects to grant the underwriters separate 30-day options to purchase up to an additional $135 million of shares of common stock, and up to an additional $135 million of shares of mandatory convertible preferred... More