Pall Shareholders Approve Merger with Danaher at Special Meeting
29 7월 2015 - 8:30PM
Business Wire
Pall Corporation (NYSE:PLL), a global leader in filtration,
separation and purification technologies, today announced that Pall
shareholders voted in favor of the proposal to adopt the previously
announced Agreement and Plan of Merger, dated May 12, 2015 (the
“Merger Agreement”), by and among Pall, Danaher Corporation
(NYSE:DHR) and Pentagon Merger Sub, Inc. at a special meeting of
shareholders held on July 28, 2015 at the Company’s headquarters in
Port Washington, NY.
At the Special Meeting, 87,395,064 million shares were voted in
favor of the proposal to adopt the Merger Agreement, which
represents approximately 81.79% of Pall’s outstanding shares.
Under the terms of the Merger Agreement, each share of common
stock issued and outstanding immediately prior to the effective
time of the merger of Pentagon Merger Sub with and into Pall (the
“Merger”) will be canceled and automatically converted into the
right to receive $127.20 in cash, without interest.
The Merger is subject to certain additional customary closing
conditions, including receipt of regulatory approvals in several
jurisdictions. We continue to expect the Merger to close by the end
of calendar 2015.
A full description of the proposed Merger is included in the
proxy statement for the special meeting, which is available at
http://investors.pall.com.
About Pall Corporation
Pall Corporation (NYSE:PLL) is a filtration, separation and
purification leader providing solutions to meet the critical fluid
management needs of customers across the broad spectrum of life
sciences and industry. Pall works with customers to advance health,
safety and environmentally responsible technologies. The Company’s
engineered products enable process and product innovation and
minimize emissions and waste. Pall Corporation is an S&P 500
company serving customers worldwide. Follow us on Twitter
@PallCorporation or visit www.pall.com.
Forward-Looking Statements
This press release may contain forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are those that address activities,
events or developments that we intend, expect, project, believe or
anticipate will or may occur in the future. Forward-looking
statements are those that use terms such as “may,” “will,”
“expect,” “believe,” “intend,” “should,” “could,” “anticipate,”
“estimate,” “forecast,” “project,” “plan,” “predict,” “potential,”
and similar expressions. Forward-looking statements contained in
this and other written and oral reports are based on management’s
assumptions and assessments in light of past experience and trends,
current conditions, expected future developments and other relevant
factors.
The Company’s forward-looking statements are subject to risks
and uncertainties and are not guarantees of future performance, and
actual results, developments and business decisions may differ
materially from those envisaged by such forward-looking statements.
Such risks and uncertainties include, but are not limited to, the
occurrence of any event, change or other circumstances that could
give rise to the termination of the Merger Agreement; the outcome
of any legal proceedings that may be instituted against the Company
related to the Merger Agreement; the inability to complete the
transaction due to the failure to satisfy other conditions to
completion of the transaction, including the receipt of all
regulatory approvals related to the transaction; the disruption of
management’s attention from the Company’s ongoing business
operations due to the transaction; the effect of the announcement
of the transaction on the Company’s relationships with its
customers, operating results and business generally; the effects of
local and national economic, credit and capital market conditions;
and other risk factors described in the Company’s Annual Report on
Form 10-K for the year ended July 31, 2014 filed with the
Securities and Exchange Commission. Factors or events that could
cause the Company’s actual results to differ may emerge from time
to time, and it is not possible for the Company to predict all of
them. The statements made herein are made as of the date of this
disclosure and the Company undertakes no obligation to update them,
whether as a result of new information, future developments or
otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20150729005286/en/
Media Contact:Pall CorporationJim ConenelloDirector,
Investor Relations & Corporate Communications(516)
801-9871orInvestor Contact:Pall CorporationR. Brent
JonesInterim Chief Financial Officer(516) 801-9871
Pall (NYSE:PLL)
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