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Lumentum to acquire Coherent for $5.7B

News Wire Feed
Light Reading
1/19/2021
SAN JOSE, California Lumentum Holdings and Coherent today announced that they have entered into a definitive agreement under which Lumentum will acquire Coherent in a cash and stock transaction valued at $5.7 billion. Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, Coherent stockholders will receive $100.00 per share in cash and 1.1851 shares of Lumentum common stock for each Coherent share they own. At closing, Coherent stockholders are expected to own approximately 27% percent of the combined company.
The combination unites Coherent s leading photonics and lasers businesses, including in the Microelectronics, Precision Manufacturing, Instrumentation, and Aerospace & Defense markets, with Lumentum s leading Telecom, Datacom, and 3D Sensing photonics businesses, creating a diversified photonics technology ....

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PTI failed to manage solid waste how can it manage country: Marriyum

LAHORE: Talking to media outside NAB court here Saturday, PML-N secretary information Marriyum Aurangzeb said “those who openly demanded commission on nation’s money are accusing Shahbaz. ....

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City Of Lufkin Solid Waste Drivers Keep Things Moving

City Of Lufkin Solid Waste Drivers Keep Things Moving
The City of Lufkin Offices are closed today due to the amount of snow that we got yesterday. That includes City Hall, Kurth Memorial Library, Kurth Memorial Animal Shelter, Ellen Trout Zoo, and Parks & Recreation. Lufkin Schools were also closed and students got a snow day.
The Lufkin Police and Fire Department, and the City of Lufkin Solid Waste drivers were out just like any other day. They have a job to do that won t get done any other time, and we appreciate them out there working in the cold, wet, and snow. ....

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Helsinn Healthcare S.A.: Helsinn Announces First Patient Dosed in Phase 1/2 Study of TAS0953/HM06 in Patients with Advanced Solid Tumors with RET Gene Abnormalities

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Helsinn Announces First Patient Dosed in Phase 1/2 Study of TAS0953/HM06 in Patients with Advanced Solid Tumors with RET Gene Abnormalities
Lugano, Switzerland, January 12, 2021 - Helsinn, a Swiss pharmaceutical group focused on building quality cancer care and rare disease products, today announces the first patient has been dosed in a Phase 1/2 Study of TAS0953/HM06 in Patients with Advanced Solid Tumors with RET Gene Abnormalities.
TAS0953/HM06 is an investigational oral treatment which inhibits several RET abnormalities identified as oncogenic driver alterations in NSCLC, papillary and medullary thyroid cancers, and several other tumor types. This innovative drug candidate offers several differentiating features as compared to other RET inhibitors. ....

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Cricket: India fight back on day two of third test against Australia

Cricket: India fight back on day two of third test against Australia
8 Jan, 2021 08:00 AM
3 minutes to read
NZ Herald
Steve Smith scored his first century in Australia in over three years but India s bowlers sparked another batting collapse for the hosts before their batsmen made a solid start to reach 96-2 by the end of the second day of the third cricket test at the Sydney Cricket Ground.
Smith s 131, his first century since the 2019 Ashes and Australia s first this series, helped lift the hosts to 338 but Australia will be disappointed to have not scored more given their final eight wickets fell for 130 runs with India spinner Ravi Jadeja taking 4-62 and completing a spectacular run out to dismiss Smith and end the innings. ....

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