NEW YORK (Standard&Poor's) Feb. 13, 2008--Standard&Poor's Ratings Services said today that it affirmed its 'A+' corporate credit rating and senior unsecured debt ratings and its 'A-1' commercial paper rating on Washington, D.C.-based Danaher Corp. At the same time, the ratings were taken off of CreditWatch with negative implications, where they had been placed on Oct. 15, 2007, following the announcement that Danaher would acquire publicly listed Tektronix Inc. for net cash of about $2.8 billion. The outlook is stable. The ratings affirmation on Danaher follows a review of the company's recent debt-financed acquisition activity, the potential effects of future acquisitions on the company's financial profile, and the evolution of Danaher's business profile resulting from these acquisitions.
