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II-VI Incorporated to Acquire Finisar

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Acquisiton expected to create a Transformative Strategic Combination with Leading Positions in Photonics and Compound materials and optoelectronic components, and Finisar Corporation (NASDAQ: FNSR), a global technology leader in optical communications, today announced that they have entered into a definitive merger agreement under which II-VI will acquire Finisar in a cash and stock transaction with an Under the terms of the merger agreement, which has been unanimously approved by the Boards of Directors of both companies, Finisars stockholders will receive, on a pro-rated basis, $15.60 per share in cash and 0.2218x shares of II-VI common stock, valued at $10.40 per share based on the closing …
[Read on via official release]

Source: US SEC
View full document: 8-K_for_II_VI_INC_8-K-11-09-2018