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Home › EMCORE shareholders approve $150 million sale

 

EMCORE shareholders approve $150 million sale

2014-12-06 02:09:30| Semiconductors - Topix.net

Emcore's shareholders on Friday approved the sale of all of the assets used in EMCORE's space photovoltaics business to SolAero Technologies Corp. The company announced in September it was selling its Albuquerque-based space photovoltaics business to Veritas Capital for $150 million in cash. The shareholder vote on Friday finalized the deal, which will close on Dec. 10, according to a release from the company.

Tags: sale million approve shareholders

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