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Thursday, November 21, 2013

Market Chatter- Corporate finance press digest, (NYSE: BX), (NASDAQ: CG), (NYSE: DHR)

The following corporate finance-related stories were reported by media: * Carlyle Group LP and a consortium of Danaher Corp and Blackstone Group LP have advanced to the final stage of negotiations for Johnson & Johnson's diagnostics unit, according to people familiar with the matter.* Property investment manager GDI Property Group is seeking to raise A$310 million ($287 million) in its initial public offering, with an offer price of A$1 a stapled security, a person familiar with the process said.

The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. Shares of BX traded higher by 1.71% or $0.45/share to $26.74. In the past year, the shares have traded as low as $14.32 and as high as $28.73. On average, 4645900 shares of BX exchange hands on a given day and today's volume is recorded at 2147203.

Shares of CG traded higher by 1.0% or $0.32/share to $32.48. In the past year, the shares have traded as low as $23.85 and as high as $37.89. On average, 469738 shares of CG exchange hands on a given day and today's volume is recorded at 248973.

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. Shares of DHR traded higher by 0.73% or $0.54/share to $74.33. In the past year, the shares have traded as low as $52.05 and as high as $74.99. On average, 2361310 shares of DHR exchange hands on a given day and today's volume is recorded at 1807013.



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