Teledyne Snaps up Varex Imaging for $1.1 Billion
Teledyne to acquire Varex Imaging in a $1.1B all-cash deal at $18.90/share, expanding its medical and industrial X-ray portfolio.
Teledyne is buying another company called Varex Imaging for $1.1 billion in cash. This means Teledyne is getting stronger in X-ray technology, which helps doctors see inside bodies and factories check equipment.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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