Danaher Case Study free essay sample

Preliminary and subject to further review and change. See final page for important information about this document. Copyright 2010 Fortuna Advisors LLC. We will write a custom essay sample on Danaher Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page All Rights Reserved. Overview †¢ Despite the claim that acquisitions destroy value certain companies excel as acquirers and deliver outstanding value for shareholders. We studied the relationship between long term total shareholder returns (TSR) and different acquisition strategies and a variety of deal characteristics. – The only trait that consistently has a strong positive relationship with long term TSR across each industry is acquisition frequency. †¢ We call them Serial Acquirers and many generate outstanding results by being better at planning, executing and integrating acquisitions than their peers. †¢ Danaher Corporation is one of the world’s best serial acquirers Copyright 2010 Fortuna Advisors Strategy Alignment Investor Communication Targeting Incentives to Simulate Ownership Training Development 11 Copyright 2010 Fortuna Advisors LLC. All Rights Reserved. These materials have been provided to you by Fortuna Advisors LLC in connection with an actual or potential mandate or engagement and may not be used or relied upon for any purpose other than as specifically contemplated by a written agreement with Fortuna Advisors LLC. In addition, these materials may not be disclosed, in whole or in part, or summarized or otherwise referred to except as agreed in writing by Fortuna Advisors LLC. The information used in preparing these materials was obtained from or through you or your representatives or from public sources. Fortuna Advisors LLC assumes no responsibility for independent verification of such information and has relied on such information being complete and accurate in all material respects. To the extent such information includes estimates and forecasts of future financial performance (including estimates of potential cost savings and synergies) prepared by or reviewed or discussed with the managements of your company and/or other potential transaction participants or obtained from public sources, we have assumed that such estimates and forecasts have been reasonably prepared on bases reflecting the best currently available estimates and judgments of such managements (or, with respect to estimates and forecasts obtained from public sources, represent reasonable estimates). These materials were designed for use by specific persons familiar with the business and the affairs of your company and Fortuna Advisors LLC assumes no obligation to update or otherwise revise these materials. Nothing contained herein should be construed as tax, accounting or legal advice. You (and each of your employees, representatives or other agents) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of the transactions contemplated by these materials and all materials of any kind (including opinions or other tax analyses) that are provided to you relating to such tax treatment and structure. For this purpose, the tax treatment of a transaction is the purported or claimed U. S. federal income tax treatment of the transaction and the tax structure of a transaction is any fact that may be relevant to understanding the purported or claimed U. S. federal income tax treatment of the transaction.