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Published on 12/9/2009 in the Prospect News Convertibles Daily.

Hudson Highland files $30 million shelf for stock, debt, preferreds

By Devika Patel

Knoxville, Tenn., Dec. 9 - Hudson Highland Group, Inc. filed a $30 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, common stock, preferred stock, warrants, stock purchase contracts and stock purchase units.

The securities may be structured as convertibles.

The New York-based temporary personnel service firm said proceeds from offerings authorized by the shelf would be used for general corporate purposes, including debt repayment, acquisitions and working capital.


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