GE’s stock soars around 15% on news of Biopharma business sale to Danaher

General Electric’s (GE) stock jumped around 15% in premarket hours on Monday after the company announced the sale of its BioPharma business to Danaher Corporation (DHR) for $21.4 billion. Danaher is expected to pay $21 billion in cash as well as assume certain pension liabilities from GE. The transaction is expected to close in the … Continue reading GE’s stock soars around 15% on news of Biopharma business sale to Danaher