AMETEK completes ~$920M acquisition of FARO Technologies for $44.00/share cash

AMETEK INC/

AMETEK pays $44.00 per share in cash; total consideration ~$920M net of cash acquired.
FARO shareholders approved deal; all regulatory clearances received.
FARO (annual sales ~$340M) joins AMETEK's Ultra Precision Technologies Division.
FARO common stock to be delisted from Nasdaq following merger close.
Acquisition enhances AMETEK's precision measurement and 3D metrology capabilities.

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