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FeedsFarm.com > Finisar: Finisar to Recognize Gain on Sale of Minority Interest in Sensors Unlimited

Finisar: Finisar to Recognize Gain on Sale of Minority Interest in Sensors Unlimited

7th Sep 2005, 13:46 GMT

SUNNYVALE, CA (MARKET WIRE) Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, announced today that it will recognize a gain of approximately $12 million on the sale of its minority interest in Sensors Unlimited pending the closing of the acquisition of Sensors Unlimited by Goodrich Corporation.

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