Lumentum raises takeover offer for Coherent to $6.9 Bn

Lumentum raises takeover offer for Coherent to $6.9 Bn

Coherent said on Wednesday optical fiber firm Lumentum Holdings had raised its offer for the company to $6.9 billion following a three-way takeover battle for the laser firm. Under its new bid, Coherent shareholders will receive $220 in cash and 0.61 Lumentum shares...
TA Associates Seeks $1.5 Billion for New Opportunities Fund

TA Associates Seeks $1.5 Billion for New Opportunities Fund

TA Associates is pitching investors on its second opportunities fund, which seeks to invest in certain companies its older flagship funds are selling.  The firm uses its opportunities strategy to take minority positions in portfolio companies that its flagship funds...