Coherent Inc. (COHR) is finalizing its acquisition: II-VI Incorporated (IIVI) Could Be A Buyer

Coherent has received interest from three companies. The Lumentum Holdings Inc. (NASDAQ: LITE) purchased Coherent’s business first, then MKS Instruments, Inc. (NASDAQ: MKSI), retired. Later, Coherent’s management stated that the laser manufacturer II-VI Incorporated (NASDAQ: IIVI) is better. Recently, it became known that Coherent has refused to merge with Lumentum in retaliation for the merger […]