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Morgan Stanley Upgrades Danaher, Says Pall Deal Could Have 'Transformational Impact'

2015-07-28 14:03:36| Industrial Machines - Topix.net

In a report published Tuesday, Morgan Stanley analyst Nigel Coe upgraded the rating on Danaher Corporation from Equal-Weight to Overweight, while raising the price target from $93 to $100. The analyst believes that the Pall Corporation deal would have a "transformational impact" on Danaher.

Tags: deal impact morgan stanley

 

Pall shareholders to vote Tuesday on takeover by Danaher

2015-07-28 00:49:16| Industrial Machines - Topix.net

Shareholders of Pall Corp., Long Island's fifth largest public company by revenue, will gather at the company's Port Washington headquarters Tuesday for a special meeting to authorize the $13.8 billion acquisition of the company by Danaher Corp. Photo Credit: Barry Sloan Shareholders of Pall Corp., Long Island's fifth largest public company by revenue, will gather at the company's Port Washington headquarters Tuesday for a special meeting to authorize the $13.8 billion acquisition of the company by Danaher Corp. Shareholders of Pall Corp., Long Island's fifth largest public company by revenue, will gather at the company's Port Washington headquarters Tuesday for a special meeting to authorize the $13.8 billion acquisition of the company by Danaher Corp. The deal, previously cleared by the Federal Trade Commission, won approval Monday from the European Union.

Tags: tuesday vote shareholders takeover

 
 

Pall Corp. employees face corporate culture shock under new owner

2015-07-03 22:43:26| Industrial Machines - Topix.net

Danielle Wedral is a food and beverage applications specialist at Pall Corp. Pall is among Long Island's strongest companies. Photo Credit: Newsday, 2011 / J. Conrad Williams Jr. Danielle Wedral is a food and beverage applications specialist at Pall Corp. Pall is among Long Island's strongest companies.

Tags: face culture owner corporate

 

Pall CEO Kingsley to step down after $100M-plus payday

2015-06-23 19:52:28| Industrial Machines - Topix.net

Lawrence Kingsley, the Pall Corp. chairman and CEO who is in line for a payout of more than $100 million on the company's sale to Danaher Corp., will step down when the deal closes, according to a government filing Tuesday. Photo Credit: Lawrence Kingsley, the Pall Corp. chairman and CEO who is in line for a payout of more than $100 million on the company's sale to Danaher Corp., will step down when the deal closes, according to a government filing Tuesday.

Tags: step ceo payday kingsley

 

Dust from abandoned Cliffs' mine casts pall over eastern Canadian town

2015-06-19 21:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Heavy dust clouds blowing from Cliffs Natural Resources' abandoned Wabush iron ore mine into a small township in the eastern Canadian province of Newfoundland and Labrador is putting a focus on the liability of miners that seek creditor protection and walk away from assets. Iron ore and coal miner Cliffs Natural Resources Inc announced in February 2014 it was shutting down its Wabush mine. This year it sought creditor protection for its Canadian assets. The fate of the deserted mine is in limbo...

Tags: town mine eastern canadian

 

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