Industrial tool maker Danaher Corp. said on Wednesday it has agreed to make a cash tender offer for Sybron Dental Specialties Inc. for $47 per share, or about $2 billion.
Danaher also said its first-quarter revenue rose 17.4 percent to $2.14 billion and it expects earnings for the quarter to have been slightly above the high end of a previously communicated range of 61 cents to 64 cents per share after accounting for stock option expense.