FARO Technologies, Inc. has announced that its shareholders have overwhelmingly approved the proposed merger with AMETEK, Inc. At a Special Meeting, over 99% of votes cast by shareholders were in favor of the merger agreement. Upon completion 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, pending customary closing conditions and regulatory approvals. Evercore is serving as the exclusive financial advisor, with Foley & Lardner LLP acting as legal advisor to FARO.
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