Danaher Extends Cash Tender Offer for Beckman Coulter (DHR, BEC)

Danaher Corporation DHR announced today that its previously announced tender offer to acquire all of the outstanding shares of Beckman Coulter, Inc. BEC for $83.50 per share in cash has been extended and will now expire at 12:00 midnight, New York City time, at the end of June 6, 2011, unless further extended.  All other terms and conditions of the Offer remain unchanged, and Danaher anticipates completing the acquisition in June 2011. The transaction is subject to the satisfaction of customary closing conditions, including receipt of remaining applicable regulatory approvals. As announced, the parties received early termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 , and Danaher is in the process of seeking similar clearances under antitrust and competition laws of other jurisdictions.  As of 4:00 p.m., New York City time, on April 20, 2011, approximately 26,640,299 shares of Beckman Coulter common stock had been validly tendered into and not withdrawn from the Offer.
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