The offer sets up a three-way takeover battle for the laser maker as II-VI seeks to top offers already made by Lumentum and MKS Instruments.
source https://www.wsj.com/articles/ii-vi-to-bid-260-a-share-for-laser-maker-coherent-setting-up-three-way-battle-11613132103?mod=pls_whats_news_us_business_f
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