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Danaher (DHR) makes acquisition, cuts jobs

Posted Sep 2nd 2009 12:40PM by Brent Archer (RSS feed)
Filed under: Deals, Good news, Options, Technical Analysis

DHR logoDanaher (NYSE: DHR - option chain) shares are rising today after the company agreed to purchase AB Sciex from MDS Inc. (NYSE: MDZ) and Life Technologies (NASDAQ: LIFE) for a combined $1.1 billion. DHR also announced more details of its restructuring, doubling the number of jobs eliminated.

If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on DHR.

Continue reading Danaher (DHR) makes acquisition, cuts jobs

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Last updated: May 27, 2012: 08:33 AM

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