Lumentum to buy laser manufacturer Coherent Inc in $5.7 billion deal

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Lumentum to buy laser manufacturer Coherent Inc in $5.7 billion deal

Lumentum’s cash-and-stock deal for Coherent represents a 49% premium to the company’s closing stock price on Jan. 15. Coherent stockholders will receive $100 per share in cash and 1.1851 shares of Lumentum …
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Allegheny Health Network Expands Eligibility for COVID-19 Vaccine

Allegheny Health Network (AHN) will now offer vaccines to patients ages 75 or older who have had a cancer treatment in the past year. AHN said these patients will be contacted directly by their provider for scheduling. It will also alert patients through its …
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EBay looks to sell Korea business next

The company said it does not plan to make further announcements about the review until the board has approved a course of action needing disclosure. South Korea sales account for 11.3% of eBay’s revenue, according to FactSet data.
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Postmates Raises Prices In California To Cover Prop. 22 Driver Benefits

Postmates has begun charging customers in California a fee to pay for driver benefits, making it the latest gig company to hike prices in the state in response to the passage of Proposition 22, which kept drivers independent contractors instead of employees.
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Mecklenburg County to open COVID-19 vaccination appointments for those 65 and older

Those eligible may begin making appointments at 8:30 a.m. Thursday. Group 1 includes healthcare workers with current in-person patient contact and long …
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