Editor’s note: This is a developing news story. Please check back soon for updates.
Alcon and STAAR Surgical terminated their definitive merger agreement.
According to a press release from STAAR, preliminary estimates showed that the company did not receive the necessary stockholder votes to approve the merger agreement during a special meeting of stockholders on Jan. 6.
“The board approved the Alcon agreement because we determined that it was in the best interests of STAAR stockholders,” Stephen Farrell, CEO of STAAR, said in the release. “We respect the outcome of the vote and look forward to