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X-Rite, Incorporated (NASDAQ: XRIT) closed yesterday @ $5.54 after announcing it will be acquired by Danaher Corporation (NYSE: DHR). Stockdiagnostics upgraded XRIT @ $1.97 on May 20 ,2009 after the company reported 1st quarter financials for the period ending March 31,2009. In less than 3 years shares have appreciated 181%.
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