Finisar Corp. (FNSR) Is Up Sharply After Bought By II-VI

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(RTTNews.com) - Finisar Corp. ( FNSR ) announced Friday morning that it has agreed to be acquired by II-VI Inc. (IIVI) for approximately $3.2 billion in a cash and stock deal.

Finisar has gapped open sharply higher this morning and is now up 2.84 at $21.72 on above average volume. The stock has jumped to an 8-month high.

Read the original article on RTTNews (http://www.rttnews.com/2953911/finisar-corp-fnsr-is-up-sharply-after-bought-by-ii-vi.aspx)

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This article appears in: World Markets , Stocks
Referenced Symbols: FNSR ,

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