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Beckman Coulter

By a GenomeWeb staff reporter NEW YORK (GenomeWeb News) – Beckman Coulter's president has issued a letter to employees informing them that 8 percent of the company's workforce will be laid off as part of the company's restructuring.

By Bernadette Toner
This article was originally published Aug. 19.

The companies have reached a settlement in an intellectual property lawsuit related to technology for isolating and purifying nucleic acids.

During a conference call, Danaher's CEO said that although issues surrounding broad quality systems at Beckman Coulter, as well issues with FDA are improving, there "is plenty of work ahead of us."

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Beckman Coulter announced changes to its board, Steven Salzberg moves to Johns Hopkins, Complete Genomics names a new senior vice president and chief commercial officer, and more.

The tender offer period finished with around 92 percent of Beckman Coulter shareholders tendering their shares.

Danaher commenced a subsequent offering period set to expire on June 29, after which it expects to complete its purchase of Beckman Coulter.

The European Commission approved the deal, clearing the way for Danaher to complete the $6.8 billion purchase by the end of the month.

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