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Essilor Pays $2B For PPG's Stake In Polarized Lens Maker

By Kelly Knaub (July 29, 2013, 7:08 PM EDT) -- Eyeglass lens giant Essilor International SA will pay $1.7 billion to secure full control of its joint venture Transitions Optical from PPG Industries Inc. in an effort to boost its polarized lens business, the company announced Monday....

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