Shareholder alert: weisslaw llp investigates coherent, inc.

New york, march 31, 2021 /prnewswire/ -- weisslaw llp is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of coherent, inc. ("coherent" or the "company") (nasdaq: cohr) in connection with the proposed acquisition of the company by ii-vi incorporated ("iivi") (nasdaq: iivi).  under the terms of the merger agreement, iivi will acquire coherent in a mixed cash-and-stock transaction, pursuant to which coherent shareholders will receive $220.00 in cash and 0.91 shares of iivi common stock for each coherent share that they own, representing implied per-share merger consideration of approximately $280.59 based upon iivi's march 30, 2021 closing price of $66.58.
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