Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook
More News

II-VI Finalizes Exchange Offer for Laser Power

Facebook Twitter LinkedIn Email Comments
PITTSBURGH, Aug. 16 -- II-VI Inc. has completed its exchange offer for all of the outstanding shares of Laser Power Corp.'s common stock.
Laser Power had offered $7.25 million shares of its stock, including about 150,000 upon notice of guaranteed delivery, as of the Aug. 11 deadline. II-VI's now owns about 88 percent of the total outstanding shares of Laser Power, compared with 13 percent ownership before the exchange offer. II-VI is exchanging $3.08 in cash and .052 shares of II-VI common stock for each Laser Power share tendered.

Photonics.com
Aug 2000
News & Featureslasers

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.