Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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Nov 3 9:30 AM EST

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To: richardred who wrote (2263)	1/8/2010 11:11:28 AM
From: richardred	Read Replies (1) of 7239

II-VI offers $169.9 million buyout of Zygo II-VI offers to buy Zygo for about $169.9 million in unsolicited bid On Thursday January 7, 2010, 6:57 pm EST PITTSBURGH (AP) -- Industrial and military components company II-VI Inc. said Thursday it offered to buy Zygo Corp. for about $169.9 million in an unsolicited bid. Zygo makes optical components and fiber optic network modules. The $10 per share offer amounts to a 36 percent premium to Zygo's Wednesday closing price of $7.38. II-VI made the offer early Thursday morning. Shares of Zygo rose $3.34, or 45.3 percent, to close at $10.72 Thursday finance.yahoo.com

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