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Biotech / Medical : ACMI - Accumed Inc.

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To: Sigmund who wrote (1473)2/24/1998 10:40:00 AM
From: aatkinson  Read Replies (1) of 1894
 
Do we know if the convertible debt was callable? If so, then the current bond holders didn't have to agree to anything. They would just be paid off with the proceeds from the sale of the preferred convertibles, exchanging debt for equity, while increasing "tangible" assets. No?
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