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Danaher to offer 6 million shares to the public


Published : Wed, 31 Oct 2007 22:04
By : Agencies
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SAN FRANCISCO (Thomson Financial) - Danaher Corp. said late Wednesday it plans to offer 6 million shares in a public offering.

The proceeds will be used to fund, in part, Danaher's pending acquisition of Tektronix Inc., or for general corporate purposes.

Merrill Lynch & Co. and Morgan Stanley & Co. are acting as joint bookrunning managers.

Shares of Washington-based Danaher, a maker of medical and industrial products and instruments, closed the regular session at $85.67, up 36 cents.

Gabriel Madway

gm

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