VREX

Stockholders of Varex Imaging (NASDAQ:VREX) approved the company’s proposed merger with Teledyne Technologies Incorporated at a special meeting, clearing a key shareholder-vote requirement for the transaction. Under the Agreement and Plan of Merger dated Aug.

Insiders may stand to receive substantial financial benefits not available to ordinary shareholders. The proposed transactions may contain terms that could limit superior competing offers.

Insiders may stand to receive substantial financial benefits not available to ordinary shareholders. The proposed transactions may contain terms that could limit superior competing offers.

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.

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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.

Completion of the acquisition is targeted for early 2027.

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

Teledyne Technologies (TDY) has agreed to acquire X-ray imaging components manufacturer Varex Imagin

Although the revenue and EPS for VAREX IMAGING (VREX) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

VAREX IMAGING (VREX) delivered earnings and revenue surprises of +40.91% and -2.80%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?