Microvision has announced that Azimuth Opportunity (an investment company) will be buying 17.7 million shares for $60 milion. Azimuth has actually only agreed to buy as many as 17.7 million shares while Microvision will decide if and when the shares will be sold. Microvision sure needs the money - in 2Q 2010 they have lost $11.1 million.
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