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Monday, September 23, 2019

Equity Corporate Actions Alert #2019 - 190
(UPDATED) Information Regarding the Merger of Finisar Corporation (FNSR) and II-VI Incorporated (IIVI)

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  • Industry Announcement

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At a special meeting held on March 26, 2019, shareholders of Finisar Corporation (FNSR) approved the merger with II-VI Incorporated (IIVI). The merger closed today, September 24, 2019. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on September 23, 2019. The stock will remain halted on the day of closing (September 24th) and will be suspended effective Wednesday, September 25, 2019. The details are as follows:

Company: Finisar Corporation
Issue: Common Stock
CUSIP#: 31787A507
Symbol: FNSR
Last Trading Date: Monday, September 23, 2019
Marketplace Effective Date for Suspension: Wednesday, September 25, 2019
Merger Consideration: At the election of the holder; (i) $26.00 in cash, (ii) 0.5546 shares of II-VI Incorporated, or (iii) a combination of $15.60 in cash and 0.2218 shares of II-VI Incorporatred for each share held.

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