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Transaction will significantly enhance growth opportunities for X-Rite
April 10, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
X-Rite, Inc. announced that it has signed a definitive merger agreement with Danaher, under which Danaher will acquire the company for $5.55 per share in cash, or a total of approximately $625 million including the assumption of debt, net of cash. The transaction was unanimously approved by the X-Rite Board of Directors. The cash tender offer of $5.55 per share is expected to commence within five business days. This offer represents a premium of 39% over X-Rite’s closing share price of $4.00 ...
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