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Monday, February 7, 2011

Danaher to buy Beckman Coulter for $83.50/share, (NYSE: DHR), (NYSE: BEC)

Diversified industrial company Danaher Corp (DHR.N) agreed to buy medical diagnostics company Beckman Coulter Inc (BEC.N) for $83.50 per share. The deal represents an 11 percent premium to Beckman's closing price on Friday, and a roughly 45 percent premium over its price in December before rumors of a deal entered the marketplace, according to Beckman.The transaction is valued at about $6.8 billion, including assumed debt, the companies said. (Reporting by Lewis Krauskopf; Editing by Derek Caney)

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