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SOEI offer gets 70% acceptance
Media Advisory 13 July 2006
SOEI offer gets 70% acceptance
Software of Excellence today advised that
it had received acceptance representing 69.82% of its issued
7% Mandatory Convertible Notes in a response to its offer of
$1.55 cash per note.
The company’s offer closed last Friday and the company will make the required $7 million total payment to note holders this week.
ENDS
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