Rofin-Sinar stockholders approve acquisition by Coherent

Rofin-Sinar Technologies (NASDAQ: RSTI; Plymouth, MI/Hamburg, Germany), a developer and manufacturer of high-performance laser beam sources, laser-based solutions, and components, has announced that Rofin stockholders voted at the special meeting held June 29, 2016, to adopt the previously announced merger agreement providing for the acquisition of Rofin by Coherent (Santa Clara, CA). Holders of more than 95% of the shares of the company's common stock present and voting at the meeting voted in favor of the transaction, representing more than 74% of the outstanding shares of the company's common stock.  

As announced on March 16, 2016, the two companies entered into a merger agreement pursuant to which Coherent will acquire Rofin for $32.50 per share in cash. Rofin's stockholder approval was a condition to the closing of the merger. The completion of the transaction remains subject to the satisfaction of other necessary closing conditions, including the receipt of necessary regulatory approvals and the timely completion of Coherent's financing for the merger. Rofin continues to anticipate that the transaction will be completed in the last calendar quarter of 2016.  

Get All the Industrial Laser Solutions News Delivered to Your Inbox

Subscribe to Industrial Laser Solutions Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
ILS Blogs
David Belforte
David Beleforte

Let's grow LME

Mon Apr 22 08:51:00 CDT 2013

Looked at manufacturing lately?

Wed Mar 20 09:57:00 CDT 2013

Industrial laser market meets forecast

Fri Mar 08 10:59:00 CST 2013

Photonics West features ultra-fast and fiber lasers

Mon Feb 18 13:31:00 CST 2013

Follow us at Join us on

Twitter - Industrial Laser Solutions


Replacement lenses from II-VI Infrared eliminate need for beam centering

II-VI Infrared, the world leader in CO2 laser optics, is now providing replacement Trumpf Cut Len...

See Article Archive

View Industrial Laser Solutions past articles.

Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS