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Planar Agrees to Be Acquired by Leyard for $6.58 Per Share

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BEAVERTON, Ore. & BEIJING--(BUSINESS WIRE)--Leyard Optoelectronic Co., Ltd., a leading worldwide provider of LED display products and ancillary systems, and Planar Systems, Inc. (Nasdaq: PLNR), a global leader in display and digital signage technology, announced today that they have entered into a definitive merger agreement, pursuant to which a U.S. affiliate of Leyard will acquire all of the common stock of Planar for a purchase price of $6.58 per share. The merger values Planar’s equity at a

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