Ii-vi incorporated and coherent, inc. announce respective shareholder and stockholder approvals for merger agreement

Pittsburgh and santa clara, calif., june 24, 2021 (globe newswire) -- ii‐vi incorporated (nasdaq: iivi) and coherent, inc. (nasdaq: cohr) today announced that ii-vi's shareholders and coherent's stockholders have each voted overwhelmingly to adopt and approve, as applicable, all proposals relating to the previously announced merger agreement for ii-vi to acquire coherent. the votes were held at the respective special meetings of ii-vi's shareholders and coherent's stockholders today. approximately 99% of the votes cast at ii-vi's special meeting voted to approve the proposal to issue shares of ii-vi common stock as described in the joint proxy statement/prospectus for the special meeting, and approximately 99% of the shares of coherent common stock voting at coherent's special meeting voted to approve the proposal to adopt the merger agreement.
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