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Tuesday, August 27, 2013

Globecomm sold to private equity firm for $340M

The sale of Globecomm of Hauppauge was announced Monday, Aug. 26, 2013. "We believe that this transaction is in the best interest of our shareholders, customers, partners and employees," Globecomm chairman and chief executive David Hershberg said in a news release.

http://www.newsday.com/business/globecomm-sold-to-private-equity-firm-for-340m-1.5957137

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