Danaher to Buy Abcam in $5.7 Billion Deal. Investors Don’t Like the Premium.

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Danaher to Buy Abcam in $5.7 Billion Deal. Investors Don’t Like the Premium.
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The industrial scientific-supplies company agrees to acquire all shares outstanding for $24.00 each.

Danaher announced on Monday that it agreed to acquire biotech company Abcam in a deal valued at $5.7 billion.

It appeared that Abcam investors weren’t pleased with the premium. American depositary receipts of Abcam were dropping 3% in the premarket session. Shares of Danaher were flat in premarket trading Monday to $255.53.

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