Exhibit (g)(1)
Talking Points
February 29, 2016
• | II-VI has updated its tender offer price to $0.85/share |
• | II-VI has extended the tender offer to March 11, 2016 |
• | The Board of Anadigics needed to finish the auction process, which began in November 2015, because of negative effects on Anadigics’s business and financial condition, including its cash flow |
• | The II-VI offer is the winning proposal from that auction |
• | Anadigics needs a line of credit and II-VI provided it as part of its offer |
• | II-VI can close its tender offer in 10 business days, while any other bidder would need months |
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