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PITTSBURGH, Feb. 16, 2021 (GLOBE NEWSWIRE) -- II‐VI Incorporated (Nasdaq: IIVI), a leader in gallium arsenide (GaAs) optoelectronics, today announced the introduction of its 1060 nm seed laser in a 3-pin miniature package for pulsed fiber lasers in materials processing. The int...
PITTSBURGH, Feb. 16, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that the Company will present at the following upcoming investor conference: Raymond James 42 nd Annual...
Coherent's (COHR) board will engage in discussions with II-VI (IIVI) in response to its unsolicited $6.5 billion acquisition offer, which followed an accepted bid from Lumentum (LITE) and unsolicited offer from MKS Instruments (MKSI).The II-VI bid came in highest with an offer of $130 in...
Coherent To Engage In Discussions With II-VI - Continues evaluation of potential MKS transaction and discussions with MKS - Continues to recommend Lumentum merger at this time PR Newswire SANTA CLARA, Calif., Feb. 16, 2021 /PRNewswire/ -- Coherent, Inc. ...
Merger activity increased last week with five new deals announced. The acquisition of Glu Mobile by Electronic Arts. MKS Instruments and II-VI Incorporated bid for Coherent. For further details see: Merger Arbitrage Mondays - Bidding War For Coherent Continues
II-VI is the third largest player which is joining the bidding race for Coherent. The company is offering a premium for Coherent, which is attributed a rosy future. While Coherent's current operational performance is far from great, I wonder if whoever buys Coherent ends up being ...
Laser maker Coherent (COHR) is at the center of a rare three-way bidding war as the pandemic-driven demand boom accelerates consolidation in the chip sector. Coherent makes lasers and related products for medical and scientific equipment, industrials, and semiconductor manufacturing. The comp...
FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “ II-VI Incorporated Surges After Offering to Acquire Coherent, Inc. ” II-VI Incorporated (NASDAQ: IIVI) surged over 12% in premarket ...
Coherent's ([[COHR]] +15.1%) board of directors is reviewing the $6.5 billion acquisition offer from II-VI ([[IIVI]] -5.6%).Key quote: "Notwithstanding its receipt of MKS' proposal and II-VI's proposal, Coherent's board of directors continues to recommend Coherent's merger agreement with Lume...
Coherent Confirms Receipt Of Unsolicited Proposal From II-VI Incorporated PR Newswire SANTA CLARA, Calif. , Feb. 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that it has received an unsolicited acquisition proposal ...
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PITTSBURGH, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will release its financial results for the quarter and fiscal year ended June 30, 2024, in a press release posted on Coherentȁ...
PITTSBURGH, July 25, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a key partner in the development of the Thirty Meter Telescope (TMT), is proud to announce the completion of its 100th polished mirror segment. This significant milestone was celebrated with a visit from TMT representative...
PITTSBURGH, June 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, proudly announces the shipment of its 300-millionth optical transceiver from its manufacturing facility in Ipoh, Malaysia. This significant milestone underscores the sc...