MAC Clause: How the Circumstances Impact Pall
A fire at one of Pall’s factories would be a MAC. If a major Pall customer left because they didn’t want to work with Danaher, it isn’t a MAC.
MAC Clause: How Can Danaher Walk Away?
The MAC clause has been paraphrased to limit the legalese. This part lays out the circumstances under which Danaher (DHR) can walk away from its deal with Pall (PLL).
Pall-Danaher Transaction: What You Should Know about Danaher
Danaher (DHR) designs, manufactures, and markets professional, medical, industrial, and commercial products and services.
Pall-Danaher Transaction: An Overview of Pall
Pall (PLL) is a supplier of filtration, separation, and purification technologies. Pall divides its business segments into Life Sciences and Industrial.
Basics of the Pall–Danaher Transaction
If another bidder comes in and tops the Danaher bid, and Pall is unable to get shareholder approval, it will owe Danaher a breakup fee of $423 million.
The Pall–Danaher Spread is Trading Like a Safe Deal
A company that has grown largely by acquisition, Danaher is buying Pall, which makes filtration and separation technologies used in life sciences and industrial uses.
As earnings season picks up, so does investment-grade bond issuance
Earnings season comes four times a year. Each season releases the quarterly earnings of a large number of publicly traded companies.