May 4, 2016Danaher Corporation (NYSE: DHR) (the "Company") today announced that it expects to complete the spin-off of Fortive Corporation on July 2, 2016. Upon completion of the spin-off, Danaher common stockholders will receive a stock dividend of one share of Fortive common stock for every two shares of Danaher common stock they hold as of the spin-off record date, which is expected to be June 15, 2016. Prior to consummation of the spin-off,more...
December 3, 2015
- Danaher will file Form 10 Registration Statement with SEC on December 3, 2015 -
- Transaction now expected to be completed in the third quarter of 2016 -Danaher Corporation (NYSE: DHR) (the "Company") today revealed the name of the new diversified industrial growth company expected to launch in 2016 as Fortive Corporation. Fortive will be comprised of two segments, Professional Instrumentation and Industrial Technologies, and will include market leading brands such as Fluke, Qualitrol, Tektronix, Gilbarco Veeder-Root, Kollmorgen and Matco Tools. James A. Lico, current Danaher Executivemore...
May 13, 2015Danaher Corporation (NYSE:DHR) ("Danaher") today announced its intention to separate the company into two independent, publicly traded companies. The transaction will create: A science and technology growth company united by common business model characteristics, including significant recurring revenue and an attractive margin profile. The company will retain the Danaher name. Collectively, its businesses generated approximately $16.5more...
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