Varian Shareholders OK Agilent Buyout Offer
October 7, 2009 (FinancialWire) — Stockholders of Varian, Inc. (NASDAQ: VARI) have voted to accept a merger agreement under which Agilent Technologies, Inc. (NYSE: A) will acquire Varian for $52 per share in cash.
Around 84% of the shares of Varian common stock outstanding as of August 12, the record date for a special meeting, voted to adopt the merger agreement.
Palo Alto, California-based Varian is a supplier of scientific instruments and vacuum technologies for life science, environmental, energy, and applied research and other applications.
Varian employs around 3,500 people worldwide and operates manufacturing facilities in North America, Europe and Asia Pacific.
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