Brief: Precision Optics Corporation Acquires Ross Optical Industries
08/07/2019 17:09
July 8 (Reuters) - Precision Optics Corporation Inc
PEYE.PK :
* PRECISION OPTICS CORPORATION ACQUIRES ROSS OPTICAL
INDUSTRIES
* PRECISION OPTICS - DEAL FOR ABOUT $2 MILLION
* PRECISION OPTICS - PURCHASE PRICE COMPROMISED OF $1.5
MILLION IN
CASH AT CLOSE & ADDITIONAL PAYMENTS UP TO $500,000 SUBJECT TO A
3-YEAR EARNOUT PROVISION
Source text for Eikon: ID:nGNX3xlD9B
Further company coverage: PEYE.PK
(Reuters.Briefs@thomsonreuters.com)
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