Summary
Danaher Corporation filed an amendment to its Form 8-K on July 30, 2006, to provide updated information regarding its acquisition of Sybron Dental Specialties, Inc. (Sybron). The amendment details the completion of a cash tender offer for Sybron's common stock at $47.00 per share. The tender offer, which included a subsequent offering period, was highly successful, with approximately 96.07% of Sybron's outstanding shares being tendered and accepted for payment. Following the tender offer, Danaher completed a short-form merger on May 19, 2006, making Sybron an indirect wholly owned subsidiary. This filing also includes essential financial disclosures, specifically the audited consolidated financial statements of Sybron for the three years ending September 30, 2005, unaudited interim financial statements for the periods ending March 31, 2006, and unaudited pro forma combined financial statements reflecting the acquisition's impact. The acquisition is a significant event for Danaher, integrating Sybron's operations into its business structure.
Key Highlights
- 1Danaher Corporation has completed its acquisition of Sybron Dental Specialties, Inc.
- 2The acquisition was executed through a cash tender offer at $47.00 per share.
- 3Approximately 96.07% of Sybron's outstanding shares were tendered and accepted.
- 4A short-form merger was completed on May 19, 2006, making Sybron an indirect wholly owned subsidiary of Danaher.
- 5The filing includes audited financial statements of Sybron for the three years ending September 30, 2005.
- 6Unaudited interim financial statements for Sybron as of March 31, 2006, are also provided.
- 7Unaudited pro forma condensed combined financial statements reflecting the acquisition are included.