Varex Imaging (NASDAQ:VREX) Rises 48% After Teledyne Bids $18.90 Per Share in Cash
Shares of Varex Imaging Corporation surged 48.3% during premarket trading after Teledyne Technologies Incorporated reached a deal to acquire the X-ray equipment manufacturer. The cash offer stands at $18.90 per share, giving the deal an approximate value of $1.1 billion.
