Planar Systems Announces Sale of Electroluminescent Unit; Updates Q1 Outlook
Posted on November 30, 2012 at 09:01 AM EST
Planar Systems, Inc. (NASDAQ: PLNR ), a worldwide leader in specialty display solutions, announced the sale of its electroluminescent (EL) display business to Beneq Oy, a supplier of production and research equipment for advanced thin film coatings. Under the terms of the transaction, consideration consists of a $6.5 million base purchase price, of