Lumentum Holdings will spend $5.7 billion in cash and stock to buy Coherent and expand its reach into lasers and photonics. The San Jose, California, company said Tuesday that it would pay a 49% premium to the closing price of Coherent shares on Friday. The deal includes $100 in cash and slightly more than one […]
source https://www.seattletimes.com/business/lumentum-buys-coherent-in-5-7b-push-into-lasers-photonics/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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