Lumentum to acquire NeoPhotonics for $16.00/share in all-cash deal; boards approve

Lumentum Holdings Inc.

Merger consideration of $16.00 per share in cash for each NeoPhotonics common share.
Termination fees: $27.5M from NeoPhotonics for superior proposal; $55.1M from Lumentum for antitrust failure; additional $36.7M for certain actions.
Lumentum arranged up to $50M in interim unsecured debt financing, two-year term at Prime Rate, subordinated to Wells Fargo facility.
Closing conditioned on HSR waiting period, stockholder approvals from both companies; no financing condition.
Boards of Lumentum and NeoPhotonics unanimously approved the Merger Agreement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.