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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Odetics Sells 1.2 Million Shares in a Private Deal

September 08, 2000|Dow Jones

Odetics Inc., an Anaheim high-technology incubator, said Thursday that it has sold 1.2 million shares of its stock for about $17.1 million to private investors. The company did not disclose any investor names.

Odetics said it would use the proceeds to provide working capital for the company's various computer-related companies.

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