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Here’s how to think about Danaher’s offer to exchange shares for the Envista spin off

Danaher (DHR) has announced an exchange offer for shares of Envista Holdings (NVST), the dental services and supplies company recent spun off from Danaher. After Envista's September IPO Danaher still held 80.6% of Envista shares. The exchange offer would allow owners of Danaher shares to exchange them for shares of Envista. And it would allow […]

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