SectionsMy IBDMy ProductsRecently SearchedNewsLicensingJUAN CARLOS ARANCIBIA12:26 PM ET 08/10/2026Varex Imaging (VREX) soared over 48% after Teledyne Technologies (TDY) announced it will acquire the X-Ray company in a deal valued at about $1.1 billion. Teledyne shares edged higher, rising within a buy zone. Teledyne, part of IBD's aerospace and defense industry group, agreed to pay $18.90 per share in cash, a premium of 52% from Varex's closing price on…Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8INVESTING RESOURCESTake a Trial TodayGet instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!IBD VideosGet market updates, educational videos, webinars, and stock analysis.Get StartedLearn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.