DANAHER CORP /DE/
SC 14D1/A, 1997-09-18
CUTLERY, HANDTOOLS & GENERAL HARDWARE
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                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                                  ------------
                                Schedule 14D-1
                               (Amendment No. 5)
              Tender Offer Statement pursuant to Section 14(D)(1
                    of the Securities Exchange Act of 1934
                                  ------------
                         Exide Electronics Group, Inc.
                           (Name of Subject Company)

                          PQR Acquisition Corporation
                              Danaher Corporation
                                   (Bidders)

                    Common Stock, par value $.01 per share
                      (including the associated rights)
                       (Title of Class of Securities)

                                 302052 6 10 5
                     (CUSIP Number of Class of Securities)

                     Series G Convertible Preferred Stock
                           par value $.01 per share
                        (Title of Class of Securities)

                                 Not Available
                     (CUSIP Number of Class of Securities)

                  Warrants to Purchase Shares of Common Stock
                        (Title of Class of Securities)

                                 302052 6 11 3
                    (CUSIP Number of Class of Securities)
                                 ------------
                              Patrick W. Allender
                          PQR Acquisition Corporation
                            c/o Danaher Corporation
                      1250 24th Street, N.W., Suite 8000
                            Washington, D.C. 20037
                           Telephone: (202) 828-0850
           (Name, address and telephone number of person authorized
          to receive notices and communications on behalf of Bidders)
                                 ------------
                                    Copy to:
                             Morris J. Kramer, Esq.
                   Skadden, Arps, Slate, Meagher & Flom LLP
                               919 Third Avenue
                             New York, N.Y. 10022
                           Telephone: (212) 735-3000


           
               PQR Acquisition Corporation, a Delaware corporation
          (the "Purchaser") and a wholly owned subsidiary of
          Danaher Corporation, a Delaware corporation ("Parent"),
          and Parent hereby amend and supplement their Tender Offer
          Statement on Schedule 14D-1, as amended (as amended, the
          "Schedule 14D-1"), relating to the Purchaser's offer to
          purchase all outstanding shares of common stock, par
          value $.01 per share (including the associated rights),
          all outstanding shares of Series G Convertible Preferred
          Stock, par value $.01 per share, and all outstanding
          warrants to purchase shares of Common Stock at $13.475
          per share of Common Stock, of Exide Electronics Group,
          Inc., a Delaware corporation. Capitalized terms used
          herein and not otherwise defined shall have the meanings
          set forth in the Schedule 14D-1 or the Offer to Purchase
          filed as an exhibit thereto.

          ITEM 10.  ADDITIONAL INFORMATION

               On September 18, 1997, Parent announced that it had
          extended the Offer until 5:00 p.m., New York City time,
          on October 2, 1997, unless further extended.  The Offer
          was scheduled to expire at 5:00 p.m., New York City time,
          on September 18, 1997.  As of the close of business on
          September 17, 1997, approximately 27,000 Exide Shares had
          been tendered.  

               The full text of Parent's September 18, 1997 press
          release is set forth in Exhibit (a)(13) hereto and is
          incorporated herein by reference.  

          ITEM 11.  MATERIAL TO BE FILED AS EXHIBITS.

               (a)(13)  Press release issued by Parent on September
                        18, 1997


                                  Signature

               After due inquiry and to the best of my knowledge
          and belief, I certify that the information set forth in
          this Statement is true, complete and correct.

          Dated: September 18, 1997

                                PQR ACQUISITION CORPORATION

                                By: /s/ Patrick W. Allender      
                         
                                    Name:  Patrick W. Allender
                                    Title: Vice President and Treasurer

                                DANAHER CORPORATION

                                By: /s/ Patrick W. Allender      
                         
                                    Name:  Patrick W. Allender
                                    Title: Senior Vice President, Chief
                                             Financial Officer and Secretary



                                Exhibit Index

          Exhibit                                              Page
          Number     Exhibit Name                            Number

          (a)(13)   Press release issued by Parent 
                    on September 18, 1997                       5







          FOR IMMEDIATE RELEASE

                                  CONTACT:  Patrick W. Allender    
                                            Chief Financial Officer
                                            (202) 828-0850         

                 DANAHER CORPORATION EXTENDS TENDER OFFER FOR
                            EXIDE ELECTRONICS GROUP
          ______________________________________________________________

               WASHINGTON, D.C., September 18, 1997 - Danaher Corporation
          (NYSE: DHR) announced today that it has extended its cash tender
          offer for all outstanding Exide Electronics Group, Inc. (NASDAQ:
          XUPS) equity securities (common shares, preferred shares and
          warrants) at a price equivalent to $20 per share until 5:00 p.m.,
          New York City time, on October 2, 1997, unless further extended. 
          The offer, which is being made by a wholly owned subsidiary of
          Danaher, was scheduled to expire at 5:00 p.m., New York City
          time, on September 18, 1997.

               As of the close of business on September 17, 1997, 
          approximately 27,000 Exide shares had been tendered. 

               Exide Electronics provides Strategic Power Management(TM)
          solutions to a broad range of businesses and institutions
          worldwide.  Exide Electronics' products are used for networking,
          financial, medical, industrial, voice and data communications,
          military and aerospace applications --wherever continuous power
          is essential to daily operations.

               Danaher Corporation is a leading manufacturer of Tools and
          Components and Process/Environmental Controls.
          (http://www.danaher.com)

                                         ###



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