NetScout Systems Stockholders Overwhelmingly Approve Proposal Related to the Company's Planned Acquisition of Danaher Corporation's Communications Business

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NetScout Systems, Inc.
NTCT
, an industry leader in service assurance solutions, announced the results from the Company's Special Meeting of Stockholders held earlier today at its corporate headquarters. The proposal to issue 62.5 million shares of NetScout common stock in connection with NetScout's acquisition of Danaher Corporation's
DHR
Communications Business was approved by approximately 98% of the 37.4 million shares that were voted by NetScout stockholders (92% of the Company's 40.8 million shares outstanding). "Today's successful vote by NetScout's stockholders is a significant milestone in our efforts to acquire Danaher's Communications Business and begin the next phase of our strategy," stated Anil Singhal, NetScout's President and CEO. "We believe that this combination will produce exciting opportunities for our stockholders, customers and employees. We share our stockholders' enthusiasm for NetScout's future and appreciate their confidence in NetScout's strategic direction. We look forward to the completion of this transaction next month." Danaher launched an exchange offer last month related to the split-off of its Communications Business. NetScout and Danaher expect to complete the transaction in mid-July following the conclusion of the exchange offer, along with the satisfaction of the remaining closing conditions set forth in the merger agreement. Following the acquisition's completion, Danaher's pre-transaction stockholders and certain employees of the Communications Business will own approximately 59.5% of the combined company and NetScout's pre-transaction equityholders will own approximately 40.5% on a fully diluted basis.
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