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Lumentum Receives Notice of Termination of Coherent Merger Agreement PR Newswire SAN JOSE, Calif. , March 25, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that Coherent, Inc. (NASDAQ: COHR) ("Coherent") has provided notice of term...
II-VI (IIVI) says it's keeping its current proposal to acquire Coherent (COHR -0.4%), standing pat in the face of a new offer from Lumentum Holdings (LITE -4.4%). II-VI shares have jumped 8.3% in response. Lumentum has dropped 4.4%. II-VI is sticking with its bid for $220 in cash and 0.91 sha...
PITTSBURGH, March 24, 2021 (GLOBE NEWSWIRE) -- II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced that it has notified Coherent, Inc.’s (Nasdaq: COHR) Board of Directors that II-VI is maintaining its current propo...
Coherent (COHR) +4% premarket, has received a further revised bid from Lumentum Holdings (LITE) -1.17% premarket, whereby each Coherent holder will receive $230/share in cash and 0.6724 shares of Lumentum common stock.This new bid is followed by the revised proposal last w...
Coherent Confirms Receipt of New Acquisition Proposal from Lumentum PR Newswire SANTA CLARA, Calif. , March 23, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ:...
Merger activity remained steady last week. Two of the largest deals of this year were announced last week. SPAC activity continues to grow at a steady pace. For further details see: Merger Arbitrage Mondays - Coherent Shareholders Delighted By Another Round Of Counteroff...
Relative to the multiple ams should get under normal situations, considering both ams and Osram's near-term prospects, the market continues to assign a steep discount to these shares. Rumors will not go away that ams is going to lose its front-facing 3D structured light iPhone busines...
New shots were fired Wednesday in the increasingly contentious takeover battle for Coherent (NASDAQ: COHR) . The two leading contenders to acquire the laser technology company, Lumentum Holdings (NASDAQ: LITE) and II-VI (NASDAQ: IIVI) both submitted fresh bids to gai...
Coherent (COHR) confirmed receipt of a revised acquisition proposal from II-VI Incorporated (IIVI).As per the revised terms, each share of Coherent common stock would be exchanged for $220 in cash and 0.91 of a share of II-VI common stock at the completion of the transaction, subject to requi...
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...
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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...