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EMCORE photovoltaics deal followed a dramatic bidding war

2014-10-11 03:43:19| Apparel - Topix.net

New SEC documents say EMCORE CEO Hong Hou could get an estimated $2.3 million in cash and equity at the closing of the sale of the company's photovoltaics unit. Though many of the details of the $150 million deal for EMCORE's photovoltaics division have been disclosed, a new preliminary proxy statement provides a few more clues as to the reasons behind the sale.

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