Notable Mergers and Acquisitions of the Day 9/2: MDZ/DHR, SUN, APD/MWE - Street Insider

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Notable Mergers and Acquisitions of the Day 9/2: MDZ/DHR, SUN, APD/MWE
Sep 02, 2009 02:06 PM UTC

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Via StreetInsider.com News Articles:

MDS Inc. (NYSE: MDZ) has entered into an agreement to sell its MDS Analytical Technologies business, a global supplier of drug discovery and life sciences research tools, to Danaher Corporation (NYSE: DHR) for $650 million in cash, and that it currently intends to return approximately $400 million to $450 million of the sale proceeds to its shareholders. The completion of the sale is subject to shareholder and regulatory approval, and other closing conditions.

The Company also announced that it intends to sell its MDS Pharma Services business, a leading provider of innovative drug discovery and early-stage development solutions for pharmaceutical

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