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Coherent Board Confirms Receipt of Revised II-VI Acquisition Proposal Coherent Board Determines Revised II-VI Acquisition Proposal Is Superior to Lumentum Merger Agreement PR Newswire SANTA CLARA, Calif. , March 18, 2021 /PRNewswire/ -- Coherent, Inc. (N...
PITTSBURGH, March 17, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in laser materials processing solutions, today announced the opening of its applications laboratory in Suzhou, China, to support the growing industrial laser market in the region. Close c...
Lumentum Holdings (LITE) has presented a revised offer to acquire Coherent (COHR), now up to $6.9B, about $220/ shares in cash and 0.6100 shares of Lumentum common stock for each Coherent share they own.On March 12, Coherent had selected II-VI's (IIVI) revised bid over Lumentum.LITE...
PITTSBURGH, March 16, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today provided additional information on the terms of Bain Capital’s proposed equity investment in the Company. Under the ter...
Merger activity decreased last week with four new deals announced. Coherent and Aegion receive rival bids. Athene Holding to merge with Apollo Global Management. For further details see: Merger Arbitrage Mondays - Bidding Wars And Revised Agreements
PITTSBURGH, March 12, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today confirmed that on March 11, 2021 it delivered to Coherent, Inc.’s (Nasdaq: COHR) Board of Directors a revised proposal to acq...
Coherent's (COHR) board has determined that II-VI's (IIVI) revised acquisition offer of $195 in cash and 1 II-VI share per Coherent share is superior to Lumentum's (LITE) amended agreement.Coherent has informed Lumentum it will terminate their existing merger agreement if Lumen...
Coherent Board Determines New II-VI Proposal Is Superior to Amended Lumentum Merger Agreement PR Newswire SANTA CLARA, Calif. , March 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that the company's board of directors, in consultatio...
Coherent (COHR) board of directors recommends it's stockholders vote in favor of proposed merger with Lumentum (LITE) at the stockholder meeting after revised merger agreement, where each share of Coherent common stock will be exchanged for $175 in cash and 1.0109 shares of Lumentum common st...
II-VI (IIVI) expects to complete its potential takeover of Coherent (COHR) by the end of 2021 and expects to get approval in China, especially after experience with Finisar, II-VI executives said on conference call earlier.II-VI expects that Chinese antitrust authorities are looking at the co...
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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...