Contract electronics manufacturer Flextronics Inc says that it is in preliminary merger negotiations with an unidentified company that would value it at $49.7m – for a company expecting to report fiscal second quarter net down at between $195,000 and $485,000, from $1.7m a year ago, on sales up 53% at $56m.
FLEXTRONICS HAS MERGER NEGOCIATIONS WITH UNIDENTIFIED COMPANY
