Deal Valued At $1.1 Billion Sends This X-Ray Stock Soaring 48%

Varex Imaging (VREX) soared implicit 48% aft Teledyne Technologies (TDY) announced it volition get the X-Ray institution successful a woody valued astatine astir $1.1 billion. Teledyne shares edged higher, rising wrong a bargain zone. Teledyne, portion of IBD's aerospace and defence manufacture group, agreed to wage $18.90 per stock successful cash, a premium of 52% from Varex's closing terms on…