Accelerating its presence in the global custom home theater market and its corporate initiative to capitalize on high-value specialty display products and solutions, Planar Systems, Inc. (NASDAQ: PLNR) today announced it has acquired the assets of privately-held Runco International, Inc. for $36.7 million in cash. Financing to fund the purchase price consisted of $14.7 million in existing cash and $22.0 million of borrowing from the Company’s amended credit facility.
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