On Thursday, Danaher Corporation (NYSE:DHR)’s shares inclined 1.44% to $85.95.
Pall Corporation (PLL) declared that it has set the record date for the special meeting of its shareholders to, among other things, consider and vote on a proposal to adopt the formerly declared Agreement and Plan of Merger, dated May 12, 2015 (the “Merger Agreement”), by and among Pall, Danaher Corporation (DHR), a Delaware corporation (“Danaher”), and Pentagon Merger Sub, Inc., a New York corporation and an indirect wholly owned partner of Danaher (“Merger Sub”), providing for the merger of Merger Sub with and into Pall (the “Merger”), with Pall surviving the Merger as an indirect wholly owned partner of Danaher.
Shareholders of record as of the close of business on June 25, 2015 will be entitled to vote at the special meeting. Under the terms of the merger agreement, each share of common stock issued and outstanding right away prior to the effective time of the Merger will be canceled and automatically converted into the right to receive $127.20 in cash, without interest.
The Merger is subject to certain customary closing conditions, counting receipt of regulatory approval and approval from our shareholders. We expect the merger to close by the end of calendar 2015.
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company’s Test & Measurement segment provides test, measurement, and monitoring products that are used in electronic design, manufacturing, and technology development; hardware and software solutions to deploy, manage, and secure communication network technologies and services; and tools, toolboxes, and automotive maintenance equipment. Its Environmental segment offers instrumentation and disinfection systems to analyze and manage the quality of water; and solutions and services focused on fuel dispensing, remote fuel administration, point-of-sale systems, payment systems, environmental compliance, vehicle tracking, and fleet administration.
Walgreens Boots Alliance Inc (NASDAQ:WBA)’s shares gained 2.55% to $87.80.
In the lead up to National HIV Testing Day on June 27, Walgreens Boots Alliance Inc (WBA) and Greater Than AIDS, a leading national public information response to the domestic HIV/AIDS epidemic, are teaming with more than 180 health departments and local AIDS service organizations (ASOs) in 150 cities across the country to offer free HIV testing. National organizations counting NAACP and Black AIDS Institute will support the events by encouraging community members to know their HIV status and take advantage of free HIV testing.
State and local health departments and ASOs will provide trained counselors to conduct the testing and will provide results on-site within minutes. Free tests, counting those donated by Alere North America, BioLytical Laboratories and The D.I.V.A. Foundation, will be accessible at the testing sites located at select Walgreens in Atlanta, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, St. Louis and San Francisco, among other cities during a three-day period:
- Thursday, June 25 from 3 p.m. to 7 p.m.
- Friday, June 26 from 3 p.m. to 7 p.m.
- Saturday, June 27 from 10 a.m. to 2 p.m.
While the Centers for Disease Control and Prevention (CDC) advises that all Americans be screened for HIV as a routine part of medical care1, many Americans have never been tested or are not being tested as often as recommended, according to national surveys by the Kaiser Family Foundation. Of the more than 1.2 million people living with HIV in the U.S., an estimated one in seven do not know that they are infected and only three in 10 are in ongoing care and treatment.2
Walgreens Boots Alliance, Inc., together with its auxiliaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, in addition to through mail, and by telephone and online.
At the end of Thursday’s trade, Johnson Controls Inc (NYSE:JCI)‘s shares surged 0.23% to $51.96.
Johnson Controls Inc (JCI) declared it has designated Greg Guyett executive vice president, Corporate Development, effective Aug. 10. In this role, Guyett will have responsibility for maintaining and developing relationships with external financial advisory firms, leading merger and acquisition activities, and working with the businesses on growth initiatives for the multi industrial company.
Guyett most served as head of investment banking, Asia Pacific for J.P. Morgan. Prior to that, Guyett served in a number of assignments with J.P. Morgan across the globe. Earlier in his career he was a senior banker advising many of the largest industrial and automotive companies on a broad range of planned issues.
Guyett received a bachelor’s degree in art and archaeology from Princeton University.
Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.
Noble Energy, Inc. (NYSE:NBL), ended its Thursday’s trading session with -1.04% loss, and closed at $44.44.
Noble Energy, Inc. (NBL) declared that Gary W. Willingham, the Company’s Executive Vice President of Operations, will present at the GHS100 Energy Conference in Chicago on Wednesday, June 24, 2015 at 8:00 a.m. Central Time.
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide. Its principal projects are located in onshore DJ Basin and Marcellus Shale, the United States; the deepwater Gulf of Mexico; offshore West Africa; and offshore Eastern Mediterranean. As of December 31, 2014, the company had about 1,404 million barrels oil equivalent of total proved reserves. Noble Energy, Inc. was founded in 1932 and is headquartered in Houston, Texas.
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