Varex Imaging Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Varex Imaging Corporation - VREX
Kahn Swick & Foti, LLC (KSF) has announced an investigation into the proposed acquisition of Varex Imaging by Teledyne Technologies, under which Varex shareholders would receive $18.90 in cash per share. KSF is examining whether this consideration and the transaction process are adequate.
Why it matters — VREX shareholders may be affected by the investigation's findings regarding whether the proposed $18.90-per-share deal consideration is fair and the process was adequate.