Danaher (NYSE: DHR) is acquiring biomedical testing company Beckman Coulter (NYSE: BEC) for $5.87 Billion. Danaher’s CFO says they are paying for the deal with 25% in cash, 60% debt, and 15% from equity — which comes to about 40% down and 60% in debt. This continues to indicate that the credit markets are likely […]
Banks are still not lending much these days and last year had their sharpest decline in lending in 67 years. A friend who is a Vice President at a major US bank recently told me: “We have lots of money to lend, just no one that we want to lend it to.” So how […]
