- PR Newswire•18 hours agoCepheid Announces Receipt of Required Regulatory Clearances in Proposed Acquisition by Danaher Corporation
SUNNYVALE, Calif., Oct. 24, 2016 /PRNewswire/ -- Cepheid (CPHD) today announced that antitrust clearances have been received or the requisite waiting periods have expired, as applicable, in the United States, Germany, Austria and South Africa, which comprise all of the governmental approvals required as a closing condition pursuant to the merger agreement executed in connection with the proposed acquisition of Cepheid by Danaher Corporation. As previously disclosed, on September 2, 2016, Cepheid, Danaher Corporation ("Parent"), and Copper Merger Sub, Inc., a wholly-owned subsidiary of Parent ("Merger Sub"), entered into an Agreement and Plan of Merger ("Merger Agreement"). Pursuant to the terms of the Merger Agreement, and subject to the conditions thereof, Merger Sub will merge with and into Cepheid, and Cepheid will become a wholly-owned subsidiary of Parent (the "Merger").
- Zacks•5 days ago
Danaher Corporation (DHR) reported adjusted earnings of 87 cents a share in third-quarter 2016, beating the Zacks Consensus Estimate of 83 cents by 4.8%.
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Day's Range||52.90 - 52.94|
|52wk Range||25.09 - 53.91|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-77.51|
|Avg Vol (3m)||2,044,473|
|Dividend & Yield||N/A (N/A)|