LASER PHOTONICS INC &lt;LAZR.O> CLOSES SALE
  Laser Photonics Inc said it
  completed a previously announced sale of 615,385 shares, or 18
  pct, of its common stock to a group of investors for one mln
  dlrs.
      A 400,000 dlrs loan made by the investors was repaid out of
  the proceeds, it said.
      It also said it restructured its board to include three
  members designated by the investors, including Pierre
  Schoenheimer, Roger Kirk and Leonard Lichter.
  

