Optical products maker II-VI to buy Finisar for $3.2 billion [Reuters]
Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI)
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Source: Reuters
Optical products maker II-VI to buy Finisar for $3.2 billion | Reuters 1 Min Read (Reuters) - Laser and optical products maker II-VI Inc ( IIVI.O ) said on Friday it would buy peer Finisar Corp ( FNSR.O ), a major Apple Inc ( AAPL.O ) supplier, for about $3.2 billion. II-VI will pay Finisar shareholders $26 per share in cash and stock, a premium of 37.7 percent to Finisar’s closing share price on Thursday. Reporting by Uday Sampath in Bengaluru; Editing by James Emmanuel All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Optical products maker II-VI to buy Finisar for $3.2 billion (Reuters) - Laser and optical products maker II-VI Inc ( IIVI.O ) said on Friday it would buy peer Finisar Corp ( FNSR.O ), a major Apple Inc ( AAPL.O ) supplier, for about $3.2 billion. II-VI will pay Finisar shareholders $26 per share in cash and stock, a premium of 37.7 percent to Finisar’s closing shar
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