Coherent buys out Lambda Physik

January 21, 2004 – Coherent Inc., Santa Clara, CA, a developer of photonics equipment, has acquired 95% of the outstanding shares of its Lambda Physik AG subsidiary, and plans to “squeeze-out” remaining shareholders to acquire the rest.

The company will convert Lambda Physik from a stock corporation to a limited liability corporation, a move that will cause Lambda to be delisted from the Frankfurt Stock Exchange.


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