Danaher, which agreed on Wednesday to buy Pall Corp. for billion, filters, moved on Wednesday to both expand and break-up their empire. In addition to the deal, Danaher announced that it would be splitting up the company, became CEO of Danaher in the fall of 2014 and will become CEO of.
Pall Corp. would pay breakup fee if Danaher deal falls through “Once they decided to sell the company, they're obliged to have a..
Business pall would breakup danaher deal falls through -- flyingRemember, this is a company with profitability struggles in a highly competitive industry. These factors include, among other things: economic conditions affecting the industries in which Danaher's businesses operate, the uncertainty of regulatory approvals, Danaher's ability to satisfy the necessary conditions to consummate the transaction on a timely basis or at all, Danaher's ability to successfully separate the two companies and realize the anticipated benefits from the separation, the maintenance of important business relationships, deterioration of or instability in the economy, the markets we serve and the financial markets, the impact of our restructuring activities on our ability to grow, contractions or growth rates and cyclicality of markets we serve, competition, our ability to develop and successfully market new products and technologies and expand into new markets, the potential for improper conduct by our employees, agents or business partners, our ability to successfully identify, consummate and integrate appropriate acquisitions and successfully complete divestitures and other dispositions, contingent liabilities relating to acquisitions and divestures, our ability to close the anticipated merger of our Communications business with NetScout, Inc. Views expressed in the comments do not represent those of Reuters. Deals also tend to be more focused on growth, rather than the cost-cutting opportunities that have been Danaher's trademark. Statements in this release that are not strictly historical, including the statements regarding the anticipated separation of Danaher into two independent companies, the expected timetable for completing the transaction, future financial and operating performance of each company, benefits and synergies of the transaction, strategic and competitive advantages of each company, the leadership of each company, future opportunities for each company and any other statements regarding events or developments that we believe or anticipate will or may occur in the future are "forward-looking" statements within the meaning of the federal securities laws. No comments so far. The Benefits of Breaking Up Since it's breakup, Danaher has traded at a higher earnings multiple than life-sciences rival Thermo Fisher.
Keeping Up In sharp contrast with last year, the Nasdaq Biotech Index has outperformed the broader market this year. Valeant Can't Paper Over Its Problems. Treading Water Pentair shares haven't seen significant gains under Trian's watch so far. Why Warren Buffett's Phone Isn't Ringing. Enter the Delusion Zone. Deane School of Law at Hofstra University. Number of publicly traded fitness boutiques. Pall, which makes filtration and purification products for life sciences and industrial applications, is one of Long Island's largest public companies. Apple Can Thank Alipay for Shopping. Danaher said it plans to split into two independent publicly traded companies aft.
Business pall would breakup danaher deal falls through - - travel
Comas will continue to serve as President and Chief Executive Officer and Executive Vice President and Chief Financial Officer of Danaher, respectively, following the completion of the transaction. Please read our guidelines and connect your Facebook account to comment.