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On August 10, 2026, Teledyne Technologies Incorporated (NYSE:TDY) agreed to acquire Varex Imaging for $18.90 a share in an all-cash deal valued at about $1.1 billion. It sent Varex Imaging Corporation (NASDAQ:VREX) shares up nearly 50% before the opening bell. Why This Matters Teledyne is paying a large premium for a smaller X-ray components maker […]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Varex Imaging Corporation (NASDAQ:VREX) surged 48.5% to $18.42 on August 10 after Teledyne Technologies Incorporated (NYSE:TDY) agreed to acquire the X-ray technology company for $18.90 per share in cash. The offer represents a 52% premium to Varex’s unaffected closing price and values the transaction at approximately $1.1 billion, including equity awards and net debt. Teledyne […]

Detailed price information for Teledyne Technologies (TDY-N) from The Globe and Mail including charting and trades.

Teledyne continues to deliver strong organic growth, margin expansion & disciplined M&A, driving robust earnings momentum in 2026. Learn more about TDY stock.

Detailed price information for Teledyne Technologies (TDY-N) from The Globe and Mail including charting and trades.

Teledyne Technologies will acquire Varex Imaging for $1.1B, broadening the healthcare equipment portfolio and X-ray capabilities. Read more on TDY stock here.

Completion of the acquisition is targeted for early 2027.

Detailed price information for Varex Imaging Corp (VREX-Q) from The Globe and Mail including charting and trades.

Varex Imaging (VREX) has an average rating of hold and mean price target of $17.48, according to ana

Varex Imaging (VREX) has an average rating of hold and mean price target of $17.48, according to ana

Buying Varex will increase Teledyne’s exposure to the healthcare market. Teledyne said the companies’ imaging technologies complement each other with minimal overlap.

Teledyne agreed to buy Varex at a big premium.

BWMN gained 55.1%, HZO rose 45.8%, ABCL gained 35.6%, SLN rose 34.3%, ACHR gained 19.5%, NESR gained 16.4%, AQST gained 15.4%, STDN rose 13.7%.

Teledyne Technologies (TDY) said Monday that it agreed to acquire Varex Imaging (VREX) for $18.90 pe

SALT LAKE CITY, August 10, 2026--Varex Q3 FY26 Earnings

Teledyne Technologies is set to acquire all outstanding common shares of Varex Imaging for $18.90 per share payable in cash, representing a significant premium of over 50% over Friday’s closing price.

THOUSAND OAKS, Calif. & SALT LAKE CITY, August 10, 2026--Teledyne Technologies Incorporated (NYSE:TDY) ("Teledyne") and Varex Imaging Corporation (NASDAQ:VREX) ("Varex") jointly announced today that they have entered into a definitive agreement under which Teledyne will acquire all of the outstanding common shares of Varex for $18.90 per share payable in cash. The aggregate value for the transaction is approximately $1.1 billion, taking into account Varex’s equity awards and net debt as of April

Teledyne to acquire Varex Imaging in a $1.1B all-cash deal at $18.90/share, expanding its medical and industrial X-ray portfolio.

SALT LAKE CITY, July 27, 2026--VAREX SCHEDULES THIRD QUARTER FISCAL YEAR 2026 EARNINGS RELEASE AND CONFERENCE CALL

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.