A company that Apple gave $390 million to last year just got bought for $3.2 billion

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Laser and optical parts maker II-VI Inc said it would buy Apple supplier Finisar for about $3.2 billion, to grab a bigger slice of 5G investments and sell more sensors for iPhones and driverless cars.

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 /  🏆 729. in ZA
 

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How much of that huge gain is taxable? Or is it sheltered?

SAl Are there companies that acept investments as low as 1$?

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So... they bought it for $3.61B

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