In accordance with the terms of the agreement and plan of merger, each outstanding share of Visual Networks common stock has been converted into the right to receive $1.83 in cash. Visual Networks stockholders who have stock certificates in their own name will receive instructions by mail from SunTrust Bank, the exchange agent for the merger, concerning how and where to forward their certificates for payment. Visual Networks stockholders should exchange their stock certificates for the merger consideration promptly following receipt of these materials. Brokers will handle conversion for those holding Visual Networks stock through brokerage accounts.
Danaher Corporation is a leading manufacturer of Professional Instrumentation, Industrial Technologies, and Tools and Components. (http://www.danaher.com/)
Statements in this document regarding the proposed acquisition of common shares of Visual Networks constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward looking statements, including: the ability to consummate the purchases and the other factors described in Danaher's Annual Report on Form 10-K for the year ended December 31, 2004 and most recent quarterly report filed with the SEC and in Visual Networks' Annual Report on Form 10-K for the year ended December 31, 2004 and its most recent quarterly report filed with the SEC. Danaher disclaims any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this document.
SOURCE: Danaher Corporation
CONTACT: Andy Wilson, Vice President, Investor Relations of Danaher
Web site: http://www.danaher.com/