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AI brief of an SEC Form 8-K · Varex Imaging Corp (VREX)

Varex Imaging agrees to be acquired by Teledyne for $18.90 per share in cash

Positive Impact 5 of 5 m&a Written later

Varex Imaging entered into a merger agreement under which Teledyne Technologies will acquire the company, with each Varex share converted into the right to receive $18.90 in cash. The companies put the aggregate transaction value at approximately $1.1 billion, including equity awards and net debt as of April 3, 2026. Closing is expected in early 2027, subject to Varex stockholder approval and regulatory clearances, and the shares would be delisted from Nasdaq if the deal closes.

Key points

  • Cash consideration of $18.90 per share, without interest, subject to tax withholding
  • Aggregate transaction value of approximately $1.1 billion, per the companies' joint announcement
  • Expected closing in early 2027, subject to stockholder approval, HSR waiting period expiration and foreign regulatory clearances
  • Board of Directors of both companies unanimously approved the transaction; no financing condition applies

The filing

CompanyVarex Imaging Corp (VREX)
Form8-K, current report
Filed with the SECAug 10, 2026, 4:05 PM ET
Accession number0001104659-26-093349

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.