2019-03-28
II-VI announced that its acquisition of Finisar, the optical communications solutions provider and an Apple supplier, has been approved by shareholders of both companies, bringing the merge of the two firms a step forward.
In November 2018, the optoelectronic component manufacturer II-VI revealed that it is acquiring Finisar with a deal worth US$3.2 billion cash and stock. The companies now announced that the merger agreement received supports by their shareholders respectively. 97% of the shares of II-VI common stock voting at II-VI’s special meeting voted...
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