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Globecomm may be exploring a sale
Globecomm Systems Inc., a Hauppauge company that manufactures satellite communication devices, said Monday afternoon that the company plans to explore "strategic alternatives" after revising its fiscal year outlook.
Globecomm has hired investment bank Needham & Co. as advisers. Such a move typically indicates that the company is considering a sale. Globecomm, however, said in...