AMETEK completes acquisition of FARO Technologies for $44.00/share in cash, ~$933M total equity value

FARO TECHNOLOGIES INC

Shareholders receive $44.00 per share cash; aggregate consideration approx $933M.
Common stock delisted from Nasdaq; trading halted prior to closing.
Board of directors replaced by AMETEK designees; executive officers remain.
Convertible notes convert into cash based on merger consideration.
FARO joins AMETEK's Ultra Precision Technologies Division; annual sales ~$340M.

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