Why Is Teledyne Technologies (TDY) Paying a 52% Premium for Varex (VREX)? Teledyne Technologies' $1.
1 billion acquisition of X ray technology firm Varex Imaging has sent shockwaves through the tech community, with many questioning whether the high price tag is justified.
The deal represents a 52% premium over Varex's market value and marks a significant departure from Teledyne's traditional focus on delivering consistent returns.