Danaher Holders Finally Get What They’ve Waited For: Real M&A

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Danaher Corp. finally announced the big deal investors have been waiting for, but it didn’t come cheap.

The $62 billion industrial conglomerate on Wednesday announced a $13.8 billion acquisition of filtration technology maker Pall Corp. In addition, Danaher said it’s breaking up. The stock jumped as much as 4.9 percent, and briefly touched an almost 35-year high.