Faro Technologies (FARO) announced that at the company’s special meeting of shareholders, Faro shareholders approved the previously announced acquisition of the company by Ametek (AME). Upon consummation of the merger, Faro shareholders will receive $44 in cash for each share of Faro common stock. The transaction is expected to close in the second half of 2025, subject to customary closing conditions, including the receipt of applicable regulatory approvals.
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