Teledyne to acquire Varex Imaging for $18.90/share in cash

Varex Imaging Corp

Deal: $18.90/share cash; expected close early 2027, subject to stockholder and regulatory approvals (HSR, foreign).
Termination fee: $25.3M payable by Varex under certain conditions; no financing condition.
Equity awards: named executives get cash payouts: Sanyal $8.70M, Maheshwari $2.77M, Hartmann $1.45M, Jonaitis $1.45M.
Special meeting to be held; proxy statement to be filed within 30 days.
Shares to be delisted from Nasdaq after close.

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