Danaher Corp. (DHR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Danaher Corp. (DHR)

DHR 213.99

-0.6%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: JakeStraw	6/20/2005 10:32:11 AM
	of 15

Danaher to Buy Pelton & Crane for $85M biz.yahoo.com Monday June 20, 9:59 am ET Danaher to Acquire Dental Equipment Maker Pelton & Crane for About $85 Million in Cash WASHINGTON (AP) -- Diversified manufacturer Danaher Corp. said Monday that it agreed to acquire dental equipment maker Pelton & Crane for about $85 million in cash. Danaher said the acquisition will strengthen its position in the dental equipment market. Pelton & Crane makes dental treatment units, lights, sterilizers and cabinetry. The company, which will become part of Danaher's Medical Technology segment, has facilities in Charlotte, N.C., and Newberg, Ore., and booked $80 million in revenue in 2004. The company expects the acquisition to add minimally to earnings in 2005. Analysts surveyed by Thomson Financial expect annual earnings per share of $2.74 on revenue of $7.76 billion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next