UPDATE 2-Harman warns on quarterly profit after deal sours

Newswire

(Changes headline, adds background on deal) By Ritsuko Ando NEW YORK, Sept 24 (Reuters) - Harman International Industries Inc , whose $8 billion sale fell apart last week, warned on Monday that quarterly profit would be less than half what Wall Street expected, sending its shares down as much as 8 percent. The high-end audio equipment maker forecast earnings of 50 cents a share before merger-related costs for the first quarter ending on Sept. 30. Analysts on average were expecting ...

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