When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
IIVI - Shareholders Approve The Merger Of II-VI Inc. And Finisar
II-VI Incorporated
II-VI to Merge Finisar Into Its Operations
II-VI Incorporated (NASDAQ:IIVI) will merge Finisar Corporation (NASDAQ:FNSR) into its operations. After the merge Finisar shareholders will own 0.2218 shares of II-VI and receive a cash payment of $15.60 per Finisar share.
The shareholders of both companies have approved the merger, with 97% of II-VI shareholders voting and 99% of Finisar voting in favor of the merger.
The merger is subject to regulatory approvals. Four of the five required countries have approved the merger, with China being in phase II of the Chinese regulatory