secwatch.observer — SEC 8-K summary
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Issuer:     TELEDYNE TECHNOLOGIES INC (TDY)
CIK:        0001094285
Form:       8-K
Filed at:   2026-08-10T12:53:21+00:00
Accession:  0001094285-26-000047
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teledyne to acquire Varex Imaging for $18.90/share in ~$1.1B all-cash deal
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- Teledyne to acquire all Varex shares for $18.90 cash/share; aggregate ~$1.1B incl. equity awards and net debt as of Apr 3, 2026.
- Transaction unanimously approved by both boards; expected to close early 2027 subject to regulatory and Varex stockholder approval.
- Varex's X-ray sources, detectors, and imaging software complement Teledyne's portfolio with minimal overlap, per CEO Robert Mehrabian.
- Varex CEO Sunny Sanyal cites substantial premium for shareholders and growth opportunities for customers and employees.
- Evercore advises Varex; Latham & Watkins and McGuireWoods advise Teledyne.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1094285/000109428526000047/0001094285-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1094285/000109428526000047/tdy-20260810.htm
  HTML page:      https://secwatch.observer/filing/0001094285-26-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer