Lumentum comments on notification from coherent of a company superior proposal

San jose, calif., march 18, 2021 /prnewswire/ -- lumentum holdings inc. ("lumentum") today announced that it has received notice from coherent, inc. (nasdaq: cohr) ("coherent") of its board of directors' determination that an unsolicited acquisition proposal from ii–vi incorporated (nasdaq: iivi) ("ii-vi") to acquire coherent in a cash and stock transaction constitutes a "company superior proposal" as defined in the previously announced amended definitive merger agreement with lumentum entered into on march 9, 2021 and coherent's intention to terminate such merger agreement.
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