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Stock Alert: Danaher Shares Up 3%

Shares of Danaher Corp. (DHR) are currently trading at $252.35, up $7.61 or 3.11%, with trading volume rising over 500K versus an average volume of 2.43 million shares. The stock has been trading between $168.59 and $261.43 in the past one year.

Danaher, on Thursday, announced a definitive agreement to acquire privately-held Aldevron, for a cash purchase price of about $9.6 billion. Danaher expects to finance the acquisition using cash on hand and/or proceeds from the issuance of commercial paper.

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