With 24.45 million shares outstanding as of Feb. 8, the bid values Coherent at about $6.36 billion. Under terms of II-VI’s bid, Coherent shareholders would receive $130 in cash and 1.3055 II-VI shares for each Coherent share they own. The Wall Street Journal …
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LONDON (Reuters) – British tech billionaire Michael Lynch on Tuesday began his fight against extradition to the United States to face charges over the sale of the software company he co-founded, in a test of an extradition treaty critics say is lopsided.
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FRANKFORT, Ky. (WAVE) â Tens of thousands of the state’s jobless claims in the early days of the coronavirus pandemic remained unprocessed until late October, and more than 400,000 emails to the state’s unemployment office had remained unread as …
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Its recently closed acquisition of fellow producer WPX Energy gives the Oklahoma City producer scale, and should allow it to return more capital to shareholders, analysts say. Devon (ticker: DVN) is no slam dunk …
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Chicago-based marijuana company Green Thumb Industries raised $100 million from a U.S. investor, the latest example of growing demand for weed stocks. GTI said it sold 3.1 million shares for $32.03 apiece to a single institutional investor, which was not …
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