Morning Market Movers (LZR, REFR, PDE, BEC)

Emergent Group Inc LZR climbed 39.11% to $8.43 at 10:00 am. LZR has agreed to be purchased by Universal Hospital Services Inc for $8.46 per share. Research Frontiers Incorporated REFR jumped 27.53% to $9.31. REFR had $6.38 million in total cash and no debt for the recent quarter. Pride International Inc PDE shares surged 17.27% to $40.33. Ensco plc ESV announced its plans to buy PDE for $7.3billion, or $41.60 per share, representing a 21% premium over PDE's closing price on Friday. Beckman Coulter Inc BEC shares advanced 9.68% to $82.45. Danaher Corp DHR agreed to buy BEC for $6.8 billion, or $83.50 per share, representing around 11% premium over BEC's closing price on February. Read more from Benzinga's Markets.
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