SCIENCE/TECHNOLOGY
Buyout Limit: An investor group controlling a 7.6% stake in Irvine Sensors Corp. said it would vote against any proposal to acquire the Costa Mesa maker of infrared sensing devices for less than $2.50 a share.
The group includes James Alexiou, Joanne S. Carson, John C. Carson, John J. Stuart Jr., Roger W. Powell and Kenneth T. Lian, all residents of Costa Mesa; Walter E. Garrigan of Santa Monica; Thomas H. Lenagh of Westport, Conn.; Frank P. Ragano of Arlington, Va.; and A. Eugene Sapp Jr. of Huntsville, Ala.
The group holds 711,235 shares of Irvine Sensors stock, according to a filing with the Securities and Exchange Commission.
