Date:	--/--/-- --:--:--
Event Id:	E5L8Q48D0
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	VREX
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	18.9
Price Per Share Currency:	USD
News References:	https://www.businesswire.com/news/home/20260810401098/en/

Action Notes

Teledyne Technologies Incorporated and Varex Imaging Corporation jointly announced today that they have entered into a definitive agreement under which Teledyne will acquire all of the outstanding common shares of Varex for $18.90 per share payable in cash. The aggregate value for the transaction is approximately $1.1 billion, taking into account Varex's equity awards and net debt as of April 3, 2026. The transaction was unanimously approved by the Boards of Directors of Teledyne and Varex. This transaction is anticipated to be completed in early 2027 and is subject to customary closing conditions, including regulatory approvals and Varex's stockholder approval. 9/21/26 Varex shareholders will vote on the acquisition at their special shareholder meeting to be held 10/28/2026.