Western Pacific received a higher buyout offer.
- Share via
Western Pacific Industries, which last week accepted a $155-a-share buyout offer from an investment group, said it has received a cash proposal to be acquired by Danaher Corp. for at least $10 a share more. Western Pacific, a manufacturer that specializes in electromechanical counting devices, precision parts and industrial thermoplastics, said Washington-based Danaher was prepared to offer shareholders “not less than $165 per share,” or about $382.63 million, and requested a meeting with management and a chance to review “non-public and other information” about the manufacturing company.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.