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Anything but flat

Thanks largely to the patronage of the U.S. Defense Department, investors in Exton-based Innovative Solutions & Support Inc. are flying high from sales of its flat-panel displays and monitoring systems. Shares have risen almost 50 percent since January. So, major shareholders have registered plans with the SEC to sell 3.5 million shares. In a new SEC filing, it says chief executive Geoffrey S.M. Hedrick alone intends to sell 3.4 million shares. - Jonathan Berr


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