Optical parts maker II-VI eyes 5G, driverless cars with Finisar buy
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(Reuters) - Laser and optical parts maker II-VI Inc said on Friday it would buy Apple Inc supplier Finisar Corp for about $3.2 billion (2.4 billion pounds), to grab a bigger slice of 5G investments and sell more sensors for iPhones and driverless cars.II-VI will pay Finisar shareholders $26 per share in cash and stock, a premium of 37.7 percent to Finisar's closing share price on Thursday.Finisar's shares rose 23.4 percent in trading before the bell, while those of II-VI were down nearly 7..