Ii-Vi Inc.

NASDAQ:IIVI   3:59:59 PM EDT
58.64
-0.51 (-0.86%)
Mergers / Acquisitions

Lumentum Comments On Notification From Coherent Of A Company Superior Proposal

Published: 03/18/2021 09:17 GMT
Ii-Vi Inc. (IIVI) - Lumentum Comments on Notification From Coherent of a Company Superior Proposal.
Board Continues to Recommend Transaction With Coherent to Its Stockholders.
Lumentum-coherent Would Be Required to Pay $217.6 Million Termination Fee to Lumentum If Coherent Terminates Agreement to Enter Into Agreement With Ii-vi.