Ametek Finalizes Faro Technologies Acquisition for $920 Million
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Ametek said Monday it has closed its acquisition of 3D measurement and imaging company Faro Technologies for $44 per share in cash or about $920 million, net of cash acquired. Faro's common stock will no longer trade on Nasdaq following completion of the deal, Ametek said. Ametek said Faro will become part of its Ultra Precision Technologies Division within the company's Electronic Instruments Group.
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