Lumentum in advanced talks to acquire Coherent, WSJ reports - InvestingChannel

Lumentum in advanced talks to acquire Coherent, WSJ reports

Lumentum Holdings (LITE) is in advanced talks to acquire Coherent (COHR) in a cash-and-stock deal that could come together as soon as this week, Cara Lombardo of Wall Street Journal reports, citing people familiar with the matter. Exact terms couldn’t be learned, Lombardo adds.