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Military/industrial component maker II-VI (IIVI -3.2%) comes in with an unsolicited offer to...

Military/industrial component maker II-VI (IIVI -3.2%) comes in with an unsolicited offer to acquire instrument supplier Zygo (ZIGO +45.4%) for $10/share, a 35.5% premium over Wednesday's close. With Zygo trading at 10.73, investors likely expect the bid to rise.
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