STAAR Surgical Merger With Alcon Fails After Shareholders Vote No
STAAR Surgical Company (NASDAQ:STAA) announced Tuesday that it did not receive the necessary stockholder votes to approve the merger agreement with Alcon Inc. (NYSE:ALC) at the Special Meeting of Stockholders.STAAR intends to terminate its merger agreement with Alcon.No termination fee will be payable by either party, and STAAR will remain a standalone publicly traded company.Stephen Farrell, CEO of STAAR, said, “…In the short term, we will continue to prioritize profitable sales growth while we drive effic ...