II-VI Adopts Shareholder Rights Plan

PITTSBURGH, Aug. 15 -- II-VI Inc. said that its Board of Directors has adopted a Shareholder Rights Plan. The plan is intended as a means to guard against any potential use of coercive takeover tactics designed to gain control of the company on terms which the board determines not to be in the best interests of the company. The company said that adoption of the plan was not in response to any proposal to acquire the company.





LATEST NEWS

• Exail Signs LLNL Contract, Partners with Eelume
  Apr 26, 2024
• Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
  Apr 26, 2024
• Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
  Apr 25, 2024
• DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
  Apr 25, 2024
• Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
  Apr 24, 2024
• One-Step Hologram Generation Speeds 3D Display Creation
  Apr 24, 2024
• Innovation Award Winners for Laser Technology Honored in Aachen
  Apr 23, 2024
• Intech 2024: AI Arrives on the Shop Floor
  Apr 22, 2024