Benzinga | Mar 8, 2021 09:26AM EST

MKS Instruments Confirms Revised Offer To Acquire Coherent For $250/Share

ANDOVER, Mass., March 08, 2021 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI), a global provider of technologies that enable advanced processes and improve productivity, today confirmed that it had submitted a revised offer on Friday March 5, 2021 to acquire all outstanding shares of Coherent, Inc. for $250 per share, composed of $135 in cash and $115 in shares of MKS common stock (subject to a symmetrical 10% collar).