SOEI offer gets 70% acceptance
Thursday, 13 July 2006, 4:44 pm
Press Release: Software of Excellence
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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