Danaher Acquiring Pall, Splitting Off Industrial Biz

By | May 13, 2015

Scalper1 News

Electronic instrument giant Danaher (DHR) announced Wednesday that it’s buying Pall (PLL) — a maker of filtration and separation systems that, like Danaher, serves both industrial and life-science markets — for $13.8 billion. Danaher also said that it will split off its industrial business from its scientific business. Danaher stock was up 2% in early trading in the stock market today, near 87.50, while Pall stock, driven up 20% by buyout rumors Scalper1 News

Scalper1 News