Luminent Cancels Deal to Buy HG Genuine Opto
CHATSWORTH, Calif., and WUHAN, China, July 19, 2006 -- Luminent Inc. announced today that it has terminated the agreement to acquire HG Genuine Opto, a subsidiary of Huagong Tech Co. Ltd. (HG Tech), based on current market valuations of comparable companies. Luminent, a wholly-owned subsidiary of...