FARO Technologies, Inc. (FARO) announced that at the Company’s Special Meeting of Shareholders, FARO shareholders approved the previously announced acquisition of the Company by AMETEK, Inc.
According to the preliminary results, over 99% of votes cast at the Special Meeting by all shareholders of FARO were in favor of the merger agreement proposal. Approval of the merger required the affirmative vote of holders of a majority of FARO’s outstanding shares entitled to vote.
Upon consummation of the merger, FARO shareholders will receive $44 in cash for each share of common stock. The transaction is expected to close in the second half of 2025.
