Danaher Corp. (DHR: Quote) announced Monday morning that it agreed to acquire IRIS International Inc. (IRIS: Quote) for $19.50 per share. The transaction is expected to be completed during the fourth quarter of 2012.
IRIS International has gapped open dramatically higher this morning and is now up 6.04 at $19.46 on the highest volume of the year. The stock has surged to a new high for the year.
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by RTT Staff Writer
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