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Wachtell Reps Danaher In $6.8B Beckman Coulter Deal

Law360 (February 7, 2011, 2:44 PM EST) -- Industrial manufacturer Danaher Corp. has agreed to buy lab equipment maker Beckman Coulter Inc. in a transaction valued at $6.8 billion, the companies announced on Monday.

The deal calls for Danaher to purchase Beckman's outstanding stock at $83.50 per share — an 11 percent premium over Friday's closing price and a 45 percent premium over the company's closing price on Dec. 9, when rumors of the merger first surfaced. Danaher will pay for the acquisition with cash and acquired debt.

Beckman's board of directors unanimously recommended...
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