WASHINGTON, Nov. 4, 2016 /PRNewswire/ -- Danaher
Corporation (NYSE: DHR) ("Danaher") announced that today it
completed its acquisition of Cepheid (NASDAQ: CPHD).
Copper Merger Sub, Inc. ("Copper"), a California corporation and an indirect wholly
owned subsidiary of Danaher, has merged into Cepheid and, as a
result, Cepheid has become an indirect wholly owned subsidiary of
Danaher. In the merger, each outstanding share of Cepheid common
stock was cancelled and (except for shares held by Danaher, Copper,
Cepheid and their respective subsidiaries) converted into the right
to receive $53.00 per share in cash,
without interest.
Cepheid's common stock will cease to be traded on the Nasdaq
Stock Market. Detailed instructions will be sent to former Cepheid
shareholders outlining the steps to be taken to obtain the merger
consideration of $53.00 per share in
cash, without interest.
ABOUT DANAHER
Danaher is a global science and
technology innovator committed to helping its customers solve
complex challenges and improving quality of life around the world.
Its family of world class brands has leadership positions in some
of the most demanding and attractive industries, including health
care, environmental and industrial. With more than 20 operating
companies, Danaher's globally diverse team of 59,000 associates is
united by a common culture and operating system, the Danaher
Business System. For more information please visit
www.danaher.com.
CONTACT
Matthew E. Gugino
Vice President, Investor Relations
Danaher Corporation
2200 Pennsylvania Avenue, N.W., Suite 800W
Washington, D.C. 20037
Telephone: (202) 828-0850
Fax: (202) 828-0860
FOR THOSE CEPHEID SHAREHOLDERS WHO NEED INFORMATION ABOUT
RECEIVING THEIR MERGER CONSIDERATION, CONTACT
Computershare, Inc.
Toll Free: (800) 568-3476
Outside the U.S.: +1-312-588-4991
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SOURCE Danaher Corporation