MKSI - Coherent asking for MKS II-VI to submit bids next week Bloomberg says
Coherent (COHR) is asking bidders MKS Instruments (MKSI) and II-VI (IIVI) to submit final bids by late next week, according to a Bloomberg report.MKS and II-VI are competing with Lumentum, which already inked a definitive deal with Coherent last month.No guarantee that MSKI or II-VI will submit a revised bid.Recall Feb. 16, Coherent, II-VI will discuss $6.5 billion acquisition offer.Recall Feb. 13, II-VI joins Coherent's rare bidding war, which faces antitrust hurdles.
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Coherent asking for MKS, II-VI to submit bids next week, Bloomberg says