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Allscripts
Allscripts Announces Convertibility of its Outstanding 3.50 Percent Senior Debentures
June 26th, 2009
Allscripts announced that its 3.50 percent Convertible Senior Debentures due 2024 (the "Debentures") are now convertible at the option of the holders of the Debentures and will remain convertible during the fiscal quarter ending August 31, 2009. Any determinations regarding the convertibility of the Debentures during future periods will be made in accordance with the terms of the indenture under which the Debentures were issued (the "Indenture"). The Debentures became convertible because the last reported sale price of Allscripts common stock for at least 20 consecutive trading days within the 30-trading-day period ending on May 29, 2009 was greater than 130 percent of...
Source: Health Business Week (2009-06-26)
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