October 30, 2007 / 8:44 PM / 11 years ago

Meade hires Robert W. Baird to review strategic options

Oct 30 (Reuters) - Telescope maker Meade Instruments Corp MEAD.O said it has engaged Robert W. Baird & Co to assist in its previously announced evaluation of strategic options, which may include a sale of the company.

On Oct. 11, the company said it will explore strategic options, reduce headcount at its Irvine, California plant and take a related charge of $0.1 million in the third quarter. (Reporting by Neetha Mahadevan in Bangalore)

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