Mergers & Acquisitions ·
Stockholders approve Teledyne's $1.5B merger agreement for Varex Imaging
VREXVarex Imaging Corp
Varex Imaging stockholders approved the proposed acquisition by Teledyne Technologies Incorporated at a special meeting held on October 28, 2026. The Merger Agreement received approximately 99.7% support among votes cast, with 32,425,422 shares voting in favor versus 30,031 against. Teledyne agreed to acquire Varex for $1.5 billion in cash and stock. Closing remains subject to regulatory approvals, including Hart-Scott-Rodino clearance, and other customary conditions. Varex Imaging Corporation designs and manufactures digital X-ray detectors and imaging systems for medical and industrial applications.