Planar Buys Runco In $36.7 Million Deal

Commercial and high-end home theater display manufacturer Planar Systems Wednesday acquired elite home theater display manufacturer Runco International for $36.7 million in cash, Scott Hix, Planar home theater display group VP, said. Runco, a privately held company, has been positioned as the market share leader in the ultra-high-end home theater display business, and has expanded…