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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Tech Merger

In a federal class action, shareholders say Oclaro’s proposed $1.8 billion sale to Lumentum, for $5.60 a share plus 0.06 shares of Lumentum for each Oclaro share, is insufficient. Both are optical-tech companies.

SAN JOSE — In a federal class action, shareholders say Oclaro’s proposed $1.8 billion sale to Lumentum, for $5.60 a share plus 0.06 shares of Lumentum for each Oclaro share, is insufficient. Both are optical-tech companies.

Categories / Securities, Technology

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