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Cree To Buy Firm Founded By Its Former Execs
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In a bit of a twist Friday, Cree (Nasdaq: CREE), which makes light-emitting-diode components, said it would buy LED Lighting Fixtures for approximately $77 million in cash and stock, plus an investment of up to $26.4 million more in the next three years. (FYI = I own some)
greentechmedia.com


Posted on: Feb. 9, 2008 1:07pm,UTC
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