Previous Close | 22.25 |
Open | 22.25 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 22.25 - 22.25 |
52 Week Range | 5.00 - 23.80 |
Volume | |
Avg. Volume | 0 |
Market Cap | 5.121B |
Beta (5Y Monthly) | 0.86 |
PE Ratio (TTM) | 2,225.00 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Mar 19, 2020 |
1y Target Est | N/A |
Danaher (DHR) acquires Abcam for $5.7 billion, thus adding to its Life Sciences portfolio. This move will facilitate the mapping of complex diseases and expedite the drug discovery process.
Medical tools supplier Danaher said on Wednesday it has completed the $5.7 billion acquisition of Abcam, overcoming the initial opposition from the founder of the protein consumables maker. Danaher agreed to buy Abcam in September for $24 per share to expand its portfolio of products and services, but founder Jonathan Milner opposed it saying the offer undervalued the company. Milner, who owns a 6.14% stake, had said he would vote against the acquisition.
Headwaters Capital Management, an investment management company, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. The fund declined -7.6% (-7.8% net) in the third quarter compared to a -4.7% return for the Russell Mid Cap Index. The YTD results stand at +14.2% (+13.5% net) compared to a +3.9% […]