Telecom gear maker MRV Communications sold shares in its fiber-optic unit, Luminent, when fiber was humming.
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At MRV, an outsourcing partner was charged with 11 infractions against Brazilian labor laws.
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So MRV is buying in the minority stake, offering 0.43 of its shares for each Luminent share.
Until they get off that list, MRV will not be able to receive Caixa funding for its projects.
The bank, Caixa Economico Federal, suspended all new lending to MRV on Wednesday.
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