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VAR - Varian Medical Systems - Becoming Part Of A German Healthcare Powerhouse
Varian Medical Systems Inc.
The investment story for Varian Medical Systems (VAR) "ended" as the Germans have arrived and made a move for the company, with the contemplated deal having real good odds of being closed later this year.
It has been early 2015 since I last looked at Varian and concluded that the company has great growth prospects while it traded at a fair price. I noted that with shares trading at a fair multiple, while operating in long-term growth markets, appeal was luring as a breakthrough of its promising proton therapy development could provide icing