Danaher (DHR) makes acquisition, cuts jobs - Blogging Stocks

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Danaher (DHR) makes acquisition, cuts jobs
Sep 02, 2009 05:40 PM UTC

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Symbol	Sentiment	Start	Return	Closed
DHR	n/a
MDZ	n/a
LIFE	n/a

Via BloggingStocks:

Filed under: Deals, Good news, Options, Technical Analysis

Danaher (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

Danaher (DHR) makes acquisition, cuts jobs originally appeared on BloggingStocks on Wed, 02 Sep 2009 12:40:00 EST. Please see our terms for use of feeds.

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