Lexmark Will Pocket $100 Million on Sale of Inkjet Business to Funai

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On April 1, Lexmark announced that it has agreed to sell its inkjet technology and assets to Funai Electric Company, Ltd., of Osaka, Japan, for $100 million. The deal will put a final punctuation mark on Lexmark’s announcement last August that it would exit the inkjet business (see “Lexmark Inkjets: Requiescat in Pace Part I

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