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Energy Conversion Devices Cleared to Sell Ovonyx Shares

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Liquidating solar-panel manufacturer Energy Conversion Devices got court permission to sell its shares in Ovonyx Inc. - a transaction that will bring in $12 million for creditors, Dow Jones DBR Small Cap reported today. Bankruptcy Judge Thomas J. Tucker on Wednesday signed off on the sale of Energy Conversion's 38.6 percent stake in the Troy, Mich., semiconductor memory company to Micron Technology Inc.

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