Lighting Science Group Corporation (LSG) announced today that through one of its wholly-owned subsidiaries it has acquired all of the assets of Lamina Lighting, Inc. Year-to-date revenues for the first six months of 2008 for Lamina were approximately $2.1 million. LSG paid Lamina $4.5 million in cash. LSG may also make “earn-out” payments to Lamina of up to $10.5 million in the second quarter of 2010. The amount of any future earn-out payments will be determined based on 85 percent of the ...
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