Agilent Technologies and Varian have announced that they have signed a definitive agreement for the acquisition by Agilent of Varian. Agilent will pay $52 cash per share of common stock for Varian. The deal is expected to be completed by the end of the year.
Bill Sullivan, Agilent's president and chief executive officer, says: "The acquisition will establish Agilent as a clear market leader in analytical solutions and give us the talent and technology base for creating unique new products and markets."
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