NEW YORK (Standard&Poor's) Feb. 26, 2002--Standard&Poor's said today it assigned its preliminary single-'A'-plus senior unsecured and its preliminary single-'A' subordinated debt ratings to Danaher Corp.'s $1 billion Rule 415 shelf registration. In addition, Standard&Poor's affirmed its single-'A'-plus corporate credit rating on Washington, D.C.-based Danaher, a leading maker of process/environmental controls and mechanics' hand tools. About $1.2 billion in debt is outstanding. The outlook is stable. "The ratings on Danaher reflect the firm's above-average business profile, together with a sound balance sheet, strong cash flow protection, and a moderately conservative financial policy," said Standard&Poor's credit analyst Dan DiSenso. Although Danaher's business is cyclical, factors such as strong brand-name recognition; customer, end-market, and geographic
