Ii-Vi Inc.

NASDAQ:IIVI   3:36:25 PM EDT
58.73
-0.26 (-0.44%)
Mergers / Acquisitions

II-VI Incorporated Confirms Revised Proposal To Acquire Coherent

Published: 03/12/2021 13:31 GMT
Ii-Vi Inc. (IIVI) - Ii-vi Incorporated Confirms Revised Proposal to Acquire Coherent.
Ii-vi Inc - Coherent's Shareholders Would Receive $195.00 in Cash and 1.0 Ii-vi Common Share for Each Coherent Common Share.
Ii-vi Inc - Revised Ii-vi Proposal Implies a Total Enterprise Value of $6.8 Billion.
Ii-vi Inc - Revised Ii-vi Proposal Implies a Total per Share Consideration of $272.68 for Coherent.
Ii-vi Inc - Ii-vi Continues to Expect Transaction Will Be Accretive to Non-GAAP EPS in Second Year Following Closing.