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II-VI's bid was reportedly the higher of the two, at a total of roughly $285 per share.
Coherent said on Wednesday optical fiber firm Lumentum Holdings had raised its offer for the company to $6.9 billion following a three-way takeover battle for the laser firm. CNBC's David Faber report

Lumentum Announces Revised Proposal for Coherent

05:15am, Wednesday, 17'th Mar 2021
SAN JOSE, Calif., and MENLO PARK, Calif.
SANTA CLARA, Calif., March 17, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ: LITE).
The Dow rose 50 points, while the S&P 500 fell 0.4%, and the Nasdaq dropped 1.4%. But Q.ai's Artificial Intelligence crunched the numbers to bring you today's top buys.
Shares of Coherent Inc. rose 1.5% in premarket trading Friday, after the laser technology company said it informed Lumentum Holdings Inc. that a revised unsolicited buyout bid from II-VI Inc. it recei
SAN JOSE, Calif., March 12, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Direct
SANTA CLARA, Calif., March 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that the company's board of directors, in consultation with its financial and legal advisors, has det
Shares of Coherent Inc. rose 1.8% in premarket trading Wednesday, after the laser technology company announced an amended buyout agreement with Lumentum Holdings Inc. , in which the value of the cash-
SAN JOSE, Calif., March 10, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced an amendment to the previously announced definitive agreement between Lumentum and Coherent, Inc.
Lumentum Holdings Inc. said Monday it received notice from laser technology company Coherent Inc. , which Lumentum has entered into an agreement to acquire, that the unsolicited buyout bid it received
Is Lumentum Holdings (LITE) a great pick from the value investor's perspective right now? Read on to know more.

Better Buy: Lumentum vs. Apple

09:15am, Thursday, 18'th Feb 2021
Is Apple's 3D-sensing chip supplier a better bet than the iPhone maker?
Shares of Coherent Inc. soared 16.4% toward a 3-year high in premarket trading Friday, after The Wall Street Journal reported that II-VI Inc. is planning to make a roughly $6.5 billion buyout bid for
SAN JOSÉ, Calif., Feb. 12, 2021 /PRNewswire/ -- Today Lumentum Holdings Inc. (Lumentum), an industry-leading designer and manufacturer of innovative optical and photonic products, announced that thei
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